'There's A Ton of Dry Powder': Latham & Watkins' Kelly

Alex Kelly, global co-chair of the M&A and Private Equity Practice at Latham & Watkins, stated that there is a significant amount of "dry powder" available for deals during an appearance at the SuperReturn conference in Berlin this week. Kelly, speaking with Dani Burger on "Bloomberg Deals," indicated that this substantial capital reserves suggest a robust environment for mergers and acquisitions and private equity investments. The presence of ample unallocated funds, often referred to as dry powder, empowers investment firms to pursue opportunities and deploy capital strategically. This situation can lead to increased deal activity as firms look to invest their available resources. The SuperReturn conference is a prominent event for the private equity and venture capital industries, drawing key figures and decision-makers from around the globe.