'All The Stages Of Grief': Private Equity Ponders Dismal Brexit Outlook

Britain's vote to leave the European Union has put private equity firms on the back foot, forcing them to stall some planned deals, reconsider fundraising strategies and possibly move staff to centers that will remain in the bloc.

The referendum result, which caught financial markets by surprise, is making institutional investors have second thoughts about committing to new funds for private equity (PE) deals in Britain, according to people in the industry.