Private Equity News & Analysis Funds Scott Kleinman, co-president of the firm, said at an industry event on Wednesday that the real obstacle is sellers being unwilling to accept the price the market is offering. The industry’s exit drought is due to a pricing standoff between buyers and sellers, not a liquidity crunch. That’s according to Apollo Global Management co-president Scott Kleinman, who noted in a panel at IPEM Global in Paris on Wednesday that sponsors are turning to hybrid capital and take-privates to bridge the gap.

Create an account to continue reading Gain instant access to our expert editorial analysis and in-depth insight. Register for free Already have an account? Sign in.