TY - JOUR T1 - Days of Reckoning Loom for Private Equity Purchases JF - The Journal of Private Equity SP - 30 LP - 37 DO - 10.3905/jpe.2007.682343 VL - 10 IS - 2 AU - Ron Norelli Y1 - 2007/02/28 UR - https://pm-research.com/content/10/2/30.abstract N2 - Increasing interest rates, skyrocketing energy prices, too much money chasing too few good deals and a failure to address fundamentally flawed business strategies—all of these factors may be hastening a day of reckoning for private equity fund portfolios. This article by Ronald A. Norelli, chairman with The Norelli Group, a strategy development and management firm specializing in service to private equity groups, shows how the next 18 months could well become a day of reckoning as the threats of higher interest rates, increased energy costs and too much debt exerts pressure on highly-leveraged companies in the portfolios of private equity firms.TOPICS: Private equity, performance measurement, financial crises and financial market history, manager selection ER -