While adjustable rate mortgage woes have slowed global mergers and acquisitions activity, the market still has life. The landscape is seen moving from private equity deals to smaller ones with more opportunities for strategic players.
This was one of the conclusions at a recent panel discussion held at WWD's editorial offices. The participants were: Diane D'Erasmo, executive vice president of commercial banking at HSBC; Joyce Greenberg, managing director of Financo Inc., and Rohit Manocha, managing director of Tri-Artisan Partners. Emanuel Weintraub of his eponymous consulting firm moderated the discussion, which centered on recent strategic acquisitions and the possibility of private equity players being pushed aside. The participants also talked about M&A market flow, deal volumes and the possibility of a recession looming on the horizon, as well as the impact of slowed consumer spending.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)