{ "media_type": "text", "post_content": "How has ibanking and lower - middle market PE been impacted by the coronavirus market?", "post_id": "5e82bd33e644d6002d413a85", "reply_count": 3, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

How has ibanking and lower - middle market PE been impacted by the coronavirus market?

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I banking should be fine cause their work will switch to a lot more bankruptcy and RX work but their bonuses will go down probably since those deals are a lot less profitable, PE will take a hit but it really depends firm by firm but it’ll go down

Mid market PE is likely over-levered during this time creating issues with covenants. Will likely shed as many variable costs as possible to keep IRR afloat

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