In the Press
November 19, 2024

Top Commercial Awareness Topics to Watch for this Training Contract Application Season (Legal Cheek)

Professionals

Interest rates have risen steadily from the beginning of 2022 after dropping to record lows. We heard from our panellists about how this affects their clients. Ravi Chopra, a partner in the private investment funds team at Goodwin, discussed how the private equity houses he advises adapt to market conditions. “My clients consider what strategies to launch depending on the interest rate environment,” he said to Legal Cheek. Private equity firms typically buy companies with the goal of selling them later, known as “exiting”. Chopra added: “When interest rates are volatile, particularly if they are increasing, you might have a slowdown in exits because businesses are not sure how much things are worth, or buyers might be struggling to raise money.”