UNQUOTE

Against the gloom

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There is a lot of talk about the credit crunch reverberating through the market. The transparency issue looms as well. The interdependence of financial markets and a potential US recession are on everybody's mind. From this, we could assume that insecurity and gloom are settling over the DACH region.

But are they really? IE Consulting's research for Coller Capital suggests otherwise. According to their Global Private Equity Barometer for Winter 2007-08, the impact of the private equity controversy on LPs has been limited (see cover story).

Moreover, demand for private equity remains high: The number of LPs planning to increase allocation to the asset class over the next 12 months has remained virtually unchanged over the past two years, and nearly all LPs intend to increase the total value of their private equity commitments over the next three years.

Incidentally, this issue marks my debut as editor of Deutsche unquote". I hope I will be able to deliver the same level of excellence as my predecessor and would like to thank you in advance for your continuing suggestions and support. Having spent most of my life in Germany, I very much look forward to meeting players in the DACH region and being in touch with you in the near future.

Please do not hesitate to contact me with information or feedback regarding the journal.

Yours sincerely,

Mareen Goebel

Editor, Deutsche unquote"

Tel: +44 20 7004 7462

mareen.goebel@incisivemedia.com.

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