Some private equity funds are competing harder to put money to work and may be overvaluing flawed companies in a slow economy, South Florida investment professionals said in a panel presentation.
Rhett P. Neuenschwander, a partner of Huntsman Gay Global Capital, a $1.1 billion private equity fund with an office in West Palm Beach, said under-invested private equity funds are anxious to put money to work rather than return it to their investors.
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