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Likelihood of US recession may see buying opportunity in tech

Technology will continue to transform, disrupt for next decade; companies staying private for longer, say big investors

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From left: David Bonderman, chairman and founding partner of TPG Capital; Michael Carmen, partner and private equity lead portfolio manager, Wellington Management; Brian Sheth, co-founder and president, Vista Equity Partners; and Steve Krouskos, global vice-chair, transaction advisory services, EY.

Singapore

THE likelihood of a recessionary environment in the US in the next 18 months is very high, according to Wellington Management partner and private equity lead portfolio manager Michael Carmen. Wellington Management is an independent investment management firm with over US$1

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