THE PARADOX OF THE MEGADEAL

The panel discusses the current state of deal-making and investment strategies. Jeffrey Perlman notes the ongoing challenge of returning capital in private equity. Devin Parekh highlights the shift towards strategic buyers over financial sponsors. Sylvia Sollett observes the increasing interest from family offices in mega private companies but also valuation challenges. Patrick Zong offers insights into Chinese companies going global and their focus on AI implementation. Simon Drake-Brockman details the private credit market in Europe and the wave of sector consolidation. The conversation touches on the IPO market's challenges and the long-term orientation in private markets. The panel explores the impact of AI, particularly in data centers, and the geographical differences in AI investment. The discussion concludes with the importance of understanding AI's financial structure and the need for a CIO to provide perspective.