In a low rate environment, target returns across virtually all asset classes have come down. It is simply a resetting of returns for the right assets. Dougal Macdonald More Quotes by Dougal Macdonald More Quotes From Dougal Macdonald Part of the challenge for a Canadian-based private equity platform is that there just aren't a lot of opportunities in Canada, with the sheer size of some of these funds, whether it's CPPIB, Teachers or Onex, you really have to look outside Canada for opportunities. We expect this trend to continue. Dougal Macdonald mergers-acquisitions
