Companies are opting to stay private longer rather than file to go public. As a result, buyout firms — supported with a record level of dry powder — expect deal flow to remain robust as it continues to raise funds.
Goldman Sachs Group Inc. wants a piece of the action.
The banking giant has raised $2.5 billion to purchase minority stakes in private-equity firms. Goldman is banking on the fact that this particular class of investor will have a growing influence on these businesses going forward.