CompaniesChanticleerChanticleerThe ‘towering backlog’ of investments on private equity firms’ books needs to start clearing this year. Feb 5, 2025 – 7.00pmSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? As he shivers through the coldest New York winter in years, Flexstone Partners managing director Nitin Gupta has found one source of warmth: he doesn’t have to ride the ups and downs of the US sharemarket as it reacts to the latest policy pronouncement of the Trump administration.Gupta, who oversees $US10 billion ($16 billion) worth of private equity investments for a global client base that includes Australian superannuation fund HostPlus, is happy to be sitting in the relative shelter of the mid-market part of the private equity sector, where deals are struck for between $US50 million and $US500 million.Loading…James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at [email protected] to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? License articleLatest In Financial servicesFetching latest articlesMost Viewed In Chanticleer