Deals
Investcorp’s Gilbert Kamieniecky Says Rate Cuts Wouldn’t Change Investment Strategy
- Head of Private Equity Europe Gilbert Kamieniecky in interview
- ‘Lot of funds have not deployed in the last year or two years’
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Interest rate cuts shouldn’t lead to “a massive change in strategy at all” for Investcorp Holdings, according to the company’s head of private equity in Europe, Gilbert Kamieniecky, who said assets are still generating interest despite a lull in deal activity.
“We need to get independent from this whole leverage game that’s been going on in the industry for quite a long time,” he said in a Bloomberg Television interview in Cannes on Wednesday. “If anything, a lot of our portfolio companies have very low leverage and it needs to come back to fundamentals.”