Steve Pagliuca

And the deal, I think, will be controlled by Silverlake, which is an American fantastic private equity company.

You know, again, I think Silverlake's a fantastic firm and they're leading the charge there.

And so I think there's really going to be no concern because they'll be calling the shots on the deal.

Yeah, absolutely.

You know, when I started out in the industry, there was only three or four firms doing this, I think, in general.

And it was mostly USA.

Now it's global.

The fund sizes are up probably...

20 times from when I started.

And also you have sovereigns and biddy constitutional players partnering with private equity.

So the dry powder is huge.

Are there enough opportunities to go around?

You know, I got asked that question in 1989.

I'm asking it again, 27 years later.

And I feel like a broken record.

Private equity, I think, is here to stay.

The model has really evolved.

So it really is huge value added to transform companies, make them better, globalize them.

build new products and in an environment where you don't have to worry about quarter learning.

So the model is a very good model and it's only expanded, it's only gotten bigger and I think it'll meet, there'll be plenty of opportunities for these folks to invest money.