Edward Altman, Wilbur Ross Headline Private Equity Summit Hosted by Alvarez & Marsal and NYU

‘Who’s Who’ Group of Industry Leaders Explore Private Equity’s “New Paradigm” in Increasingly Uncertain Environment

The New Paradigm for Private Equity There are war stories and success stories – which do you want to tell?

New York, NY (Vocus/PRWEB ) January 27, 2010 -- What will the corporate default rate be in 2010? Is the worst over…or yet to come? Can private equity play a key role in reviving the financial services industry – or are the risks and regulatory hurdles too great? How is the environment of unprecedented uncertainty impacting investing strategies? And what does it take to manage companies through challenging times?

These and other critical topics were the subject of discussion and debate among a distinguished cast of thought leaders, academics, private equity investors and professional advisors who gathered at a recent private equity summit “The New Paradigm for Private Equity” hosted by Alvarez & Marsal and the NYU Stern Salomon Center.

NYU Professor Edward Altman, Wilbur L. Ross, chairman and CEO of WL Ross & Co., Nick Alvarez, a national practice leader of Alvarez & Marsal Private Equity Services - Operations Group, and Tony Alvarez II, co-CEO of Alvarez & Marsal headlined the event that featured a series of substantive panel discussions on distressed investing for control, private equity investment in the banking sector and portfolio company management.

Nick Alvarez, perhaps, summed up the conference best by posing a question to the packed auditorium, “There are war stories and success stories – which do you want to tell?”

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