COVERAGE

McDermott Will & Schulte private equity leaders discuss deal outlook with Mergermarket

Nov 2, 2026

Read time: 2 min

Fred Levenson, Robert Rizzo, and Frank Steinherr spoke with Mergermarket about the outlook for private equity dealmaking and the factors shaping sponsors’ investment and exit decisions. The resulting article explores how higher interest rates and continued pressure to return capital to investors are influencing deal activity.

Fred highlighted sponsors’ continued appetite for transactions: “In the last 45 days, I’ve had 13 new bids on processes for private equity firms, and I think they want to get deals done.”

Frank noted that sponsors remain selective about exits: “Deals are certainly getting done, but many sponsors are holding onto their best assets.”

Read the full article in Mergermarket: “Rate hikes likely to slow, not halt, private equity’s liquidity march”

In this article

Frank P. Steinherr

Partner

New York – One Vanderbilt Avenue

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