Garry Wilson, managing partner at UK turnaround investor Endless, believes negative perceptions of the buyout industry are to blame for a slump in deals

Speaking at the British Private Equity and Venture Capital Association Summit in London on Thursday, Wilson said: "Despite people providing us with more money, deal flow is on the way down. In volume terms its 12.6% down, in value terms its 8.2% down, so this dry powder continues to build, and it's a reflection of what's happening across Europe. So what's depressing deal flow?