It's time for PE firms to 'up their alpha game,' Bain & Co. says

Private equity is "poised for a comeback" this year, but investors need to "up their alpha game," consulting giant Bain & Company said in a press release summarizing its annual Global Private Equity report. "PE firms are hungry to do deals," but "that hunger can quickly translate into heartburn for firms that ignore the new realities of PE value creation," Bain & Co. said.