Private equity thriving four years after being pronounced dead/PE-backed fund launches raised $1#billion @GuernseyPress #bennyquetell @resilient_ent #resilientmediaentertainment

Peter Miller, pictured, executive director of Ernst & Young in the Channel Islands, said that PE firms demonstrated their flexibility and dynamism in a way that other firms often could not match in the current economic climate. An Ernst & Young report has revealed that merger and acquisition deals backed by private equity to a value of more than $20bn were completed in the first two months of 2012. PE-backed fund launches raised $1bn

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RESILIENT MEDIA ENTERTAINMENT

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