Private Equity Retains Optimism

Private Equity Retains Optimism


LatAm private equity managers are cautious, but they find several reasons for optimism heading into 2009. Scott Swenson, chairman of Conduit Capital, which manages $630m in LatAm, says he has not seen much impact from the credit crunch yet, but he adds that exit value expectations may diminish. “I’d hope to see a crisis in Latin America. I’d love the ability to buy some assets,” says the investor, who has been focused more on greenfield recently due to competition pushing up prices. He says is a

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