We've certainly seen significant funds being raised in the past year. That actually has the private equity firms searching for more deals than they have in the past.
There's very strong encouragement for Chinese banks to welcome in a foreign investor taking a stake and bringing in know-how. We'll see that trend continuing throughout this year.
China we believe will remain very hot and probably be the number one market.
One of the challenges for private equity, which we've been working hard on, is how to get the leverage into the deals in China. That historically has been a barrier and inhibited deal size.
