No major relief expected for portfolio companies: Federal stimulus efforts likely to bypass managers' holdings.

Help from the federal government during the growing economic crisis is not expected to do much for the portfolio companies of private equity and venture capital firms, which are already starting to decide which ones might survive. An April survey by placement agency Eaton Partners found that 59% of alternative investment investors are concerned that many private equity-backed companies may not be eligible for federally backed COVID-19 assistance, and 69% are only "somewhat confident" of the government's ability to navigate the economic impact. [Extracted from the article]