In the 2020s private equity firms needed to respond to the COVID-19 recession. In the early 2020s private equity funding exploded.[1] Private equity firm Silver Lake was involved in the costly 2020 acquisition of Twitter by Elon Musk.[2] The World Economic Forum suggested private equity would fund the post-recession revival of the economy.[3]

References

  1. "McKinsey's Private Markets Annual Review | McKinsey". www.mckinsey.com. Retrieved 2023-03-17.
  2. Lunden, Ingrid (2020-03-09). "Silver Lake makes $1B investment into Twitter; Twitter, Elliott call truce as Dorsey remains CEO". TechCrunch. Retrieved 2022-11-27.
  3. "3 reasons why private equity will enable post-pandemic economy". World Economic Forum. 27 January 2022. Retrieved 2022-11-27.
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