There have been several global recessions since the 1990s where private equity has been largely resilient. This entry details how the private equity market has weathered each storm and ends on a more uncertain note about the future for private equity-backed buyouts post-COVID and global wars.
This reference work entry was accepted for publication in The Palgrave Encyclopedia of Private Equity. The published version is available at: https://doi.org/10.1007/978-3-030-38738-9_47-2