Some good news for PE in CARES Act; NAVs will stay sturdy

CARES act has some significant benefits for PE; eFront study says NAVs to hold up in a downturn.

CARES tax breaks: Most private equity-backed companies may have been excluded from the CARES Act’s Paycheck Protection Program, but funds and portfolio companies can still use the Act’s tax provisions to their significant benefit. Connor Hussey reports.

PE strong: Private equity NAVs should hold up against public equities in the long run out of this crisis, an eFront study suggests. PEI’s Carmela Mendoza digs into the report, with some illuminating charts.

Email prepared by Graham Bippart