In a series of posts over the coming weeks, we will describe how the interplay of macroeconomic conditions and circumstances unique to the PE industry are influencing private equity investments, exits, fund-raising and returns.

FORBES: Where Is Private Equity Headed In 2012?

Like any industry sensitive to macroeconomic shifts, credit-market turmoil and volatile equity values, global private equity (PE) has had to navigate through booms and busts over the decades (see figure).

FORBES: Where Is Private Equity Headed In 2012?

It looks as if it'll sell the unit to a private equity group made up of former executives, but there's a catch--the PE fund wants to leave the pension obligations behind.

FORBES: Magazine Article