July 15, 2021
2021-5767

How private equity CFOs are stepping up after last year's challenges

One year ago, private equity firms were tested by one of the most profound crises in the history of global business – the lockdowns implemented to slow the spread of COVID-19. Most firms were forced to shift to virtual operating models overnight, establishing remote working environments for their staffs while continuing to raise cash and monitor portfolio companies through investor meetings on Zoom. The COVID-19 lockdowns forced private equity firms to adopt virtual working models overnight. CFOs rose to the challenge. An EY article provides details.

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