Our CEO Peter Lehrman spoke at the AMAA’s Fall Conference in NY and presented attendees with some interesting private data and recommendations regarding deal sourcing pros and cons to being a private equity generalist vs private equity specialist. The data indicates that selection bias is a key contributor to the advantage specialist private equity firms have over generalists in sourcing more relevant deals and generating better returns. “Standing out among so many funds is critical for private equity buyers, and articulating clear, industry-specific investment strategies is an important way to develop influence and credibility with sellers,” Peter told the audience.