Quote Of The Week

“If you’re a $500 million fund these days, sure you can put your money to work, but you’re bumping into all sorts of intermediaries across the board. Everybody’s running processes today instead of having relationships.”

—Steven Costabile, Managing Director and Head of the Private Equity Funds Group at AIG Global Investment Group, speaking to Buyouts about the state of the middle market on Thursday, Sept. 28, 2006.