TY - JOUR T1 - Credit and Liquidity: <em>Where Have You Gone? How and When Can We Get You Back?</em> JF - The Journal of Private Equity SP - 68 LP - 72 DO - 10.3905/JPE.2009.12.3.068 VL - 12 IS - 3 AU - Robert D Katz Y1 - 2009/05/31 UR - https://pm-research.com/content/12/3/68.abstract N2 - Less than a year ago, if you existed and had a pulse, there was somebody who would consider investing or loaning to you, prosperous or not. That was before the Dow Jones Industrial average lost over 50% of its value and icons of the investment banker world—Lehman Brothers, Bear Stearns, Merrill Lynch—and the commercial banking world—Wachovia and National City among others—were a mere memory. With liquidity all but dried up, it begs the question: “Credit and liquidity: Where have you gone? How and when can we get you back?” This article will provide some insight about which rocks to look under and how to convey your message to the new and reduced audiences. Don’t totally give up the ship; there is some hope.TOPICS: Private equity, financial crises and financial market history, portfolio construction, performance measurement ER -