Interesting conversations taking place at the DOW Jones Private Equity Summit for sure. Would have loved to be there. A WSJ article about the summit shares some quotables like:

“The IPO markets are not coming back,” said Charles Lax, managing general partner at GrandBanks Capital

Others think the IPO markets will come back slowly. I many will prove to have short memories on valuations and how much money a company needs to make pay debts. We will see. What do you think about the topics discussed:

- Do mega buyout funds still make sense?

- Can VCs generate appropriate returns with IPOs harder to launch?

- How much longer does the distress market make sense?

- Are emerging markets truly ready to emerge?

- Does selling out to secondary firms make more sense than holding onto questionable funds?

- Do sectors like infrastructure and real estate show more long-term promise than private equity?

- And how much power do LPs have today in terms of driving fund size and fund terms?