How can the private equity industry renew itself?

The private equity indus­try seems to be trea­ding water, with more secon­dary deals than exits to stra­te­gists at the moment. Incre­asingly pres­sing for the indus­try is the need to renew the private equity busi­ness model in its current form. For exam­ple, three quar­ters of Euro­pean survey parti­ci­pants in a Roland Berger study (Euro­pean Private Equity Outlook 2015) believe for the first time that their busi­ness model is no longer up to date. The concept of purely finan­cial invest­ments no longer works today. To be successful, inves­tors would have to actively manage their port­fo­lio companies.