According to a March 30, 2015 article in The Wall Street Journal: “Too many funds are chasing too few opportunities, and many of those will be too expensive. It won’t end well. Private equity is done. Stick a fork in it. With Kraft singles and Heinz ketchup as toppings, there are many signs that private equity has peaked as an asset class. Sure, private equity is pervasive, which is one of its problems… So it’s back to basics—creating companies rather than squeezing the last life out of old ones… Yes, we’ll see more deals and even a few successes…”

Read the full article at: http://www.wsj.com/articles/andy-kessler-the-glory-days-of-private-equity-are-over-1427661933