The coronavirus pandemic is shutting down whole sectors of the financial system and placing hundreds of thousands of Individuals out of labor, however one nook of Wall Road could discover alternative amid the carnage: non-public fairness.

The group, which incorporates funding giants Blackstone, Carlyle and KKR, has a document $1.5 trillion in money able to deploy and has been actively looking for offers throughout the struggling journey, leisure and power industries, in response to a half-dozen funding bankers who declined to be recognized to talk candidly about potential shoppers.

"They've been ready for one of these market dislocation," the pinnacle of mergers at a significant Wall Road agency instructed CNBC. "I do not suppose they wished one thing fairly this dangerous, however they did need a pullback in valuation."

Personal fairness companies have been stockpiling money in recent times as rising markets made it tougher for them to take a position, accumulating a document pile of "dry powder" for offers. The trade usually...