Leveraged deals will be back: Blackstone

Timothy Coleman of Blackstone

Leveraged deals will be back, although, not at the same levels as before, a senior executive at Blackstone said on Tuesday.

"The idea that it’s over and we’ll never see another levered deal is not good thinking. I don’t know when, but it will be back," Timothy Coleman, the co-head of Blackstone’s Restructuring and Reorganization Advisory unit told Reuters in an afternoon report.

He cited erroneous predictions after the last buyout boom of the late 1980s and early 1990s.

"The predictions -- that (it) was over for good -- were bigger than today," he said. "We know that didn't turn out to be true."