The private equity investment world significantly changed along with many other things that changed in 2020. There are historically low interest rates in private equity and this is the time to make investments. Volumes of private equity increased 21.9% within the first five months of 2021 compared to the prior year.
Because of the changes in the high risk-adjustment asset returns that have been helping to spread higher returns and equity, and the increase in AUM (Assets Under Management) there has been an increase in the ability to provide permanent capital. This is done through generating additional fee income for insurance company balance sheets. It is also expected to impact the tax laws that deal with private equity activity into an increase of capital gains taxes. Private equity is at its peak for portfolio companies because of the broad growth in assets and value creation. All this should lower debt financing costs and make tax law uncertain.
Gary McGaghey is a globally driven experienced Chief Financial Officer at Williams Lea Tag Production Services Group. He has experience in different industries such as FMCG, Pharma, IT, and Media industries. His record for increasing the value for shareholders with his strong leadership, competency, and expertise he has developed from constructing and leading market growth in private companies and global transformation programs. Gary McGaghey speaks both English and Afrikaans expanding his ability to perform globally.
At one time it was only the financially stable and the elderly that invested in private equity. Certain individuals and investors did it. Today investing is now common among all age groups and it grew dramatically during the changes from 2020 to 2021. Investors see that private equity is the now and CFO Gary McGaghey at Williams Lea Tag is how to do it.