Private Equity Services - Ernst & Young - United States

Unlocking cash is crucial during an economic downturn. There are various ways companies can curb spending and cut costs to preserve cash. Conventional cash drivers examine common working capital functions, while unconventional drivers explore cash opportunities across the entire business.

With the recent passage of financial reform legislation, regulations governing hedge fund and private equity fund managers and other investment advisors are set to change dramatically. We highlight these changes and explain the key areas of impact for your business.

Despite continued volatility across global equities markets, PE-backed companies executed 62 IPOs in the first six months of 2010, raising $15.5b. The PE IPO pipeline perseveres, with 52 companies waiting to go public that filed in the first half of this year.

PE activity grew in the first half of 2010 and the industry is more buoyant heading into the second half of the year. Discover how PE creates shareholder value and adapts to a changing market and legislative landscape and learn what challenges and opportunities lie ahead.

Following the passage of the Dodd-Frank Act, executives can expect a major transformation in the world in which financial services firms must operate. Read about immediate priorities and evaluate the impact of the law through a structured assessment of the strategic, tax and operational implications on your business model.

A review of how PE created value in nearly 300 European businesses over the last four years could provide some insight into how the industry can build on its success and also overcome the challenges it now faces.  Our latest study shows that these businesses had average annual growth in profits of 15% during PE ownership.