The “titans” will meet this week in Berlin.
At least, that’s what it says in the announcement for the “Super Return Conference,” where the legends of the private equity sector such as Carlyle co-founder David Rubenstein and Terra Firma chairman Guy Hands will appear.
Mutual back-patting will be on the agenda, since the sector is flourishing once again as it did before the financial crisis.
The mood in Germany, too, hasn’t been this upbeat in a long time.
The business climate index measured by BVK, the association of German private equity and venture capital companies, and the German government-owned development bank KfW, rose to a three-year high in the fourth quarter of 2014. The large influx of fresh cash and prospects of lucrative sales or a flotation of acquired companies are making investors upbeat.
“The mood of private equity investors has improved over the course of the year,” said Jörg Zeuner, chief economist at KfW. “Especially the early-stage investors in young, innovative companies are more satisfied.”