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Private Equity Outlook 200828 November 2007

As events of the past half year have demonstrated, the debt universe and the private equity market represent a complex web of interdependent relationships that have developed to an unprecedented level of sophistication. In an attempt to shine some light on forward trends and expectations within the European debt markets, Grant Thornton and Latham & Watkins commissioned Debtwire to interview key stakeholders from the European debt community. During October 2007, Debtwire’s market research division interviewed 110 senior lending bankers, CLO managers, hedge funds and private equity executives..

Table of Contents

Foreword

Methodology

Survey Findings

About Grant Thornton

About Latham & Watkins

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