OTPP's Dale Burgess and Brookfield's David Nowak on Whether PE's Best Days Are Behind It
Dale Burgess, Executive Managing Director, Equities at OTPP sat down with PEI Group's Chris Witkowsky and David Nowak, president of Brookfield for the second episode of PEI Group's new Commitment Issues podcast miniseries to discuss whether private equity's best days are behind it: Have expectations for private equity changed? What’s the role of the asset class in the portfolio these days? These are the questions that Dale Burgess, executive managing director for equities at Ontario Teachers' Pension Plan, and David Nowak, president of private equity firm Brookfield, tackle in the second episode of PEI Group's new Commitment Issues podcast miniseries. As the industry works through a backlog of unrealised assets, questions have arisen about performance, asset valuations and firms’ ability to acquire and sell companies in the time frame LPs have come to expect. For instance, average investment hold periods in private equity have now risen to around seven ye...