DealZone

Optimism, and the accompanying cash flow, seems to be improving report Megan Davis and Simon Meads from the private equity Super Return International conference in Berlin.

“A lot of balance sheets in corporate America got clean and lean and I think you’ll see a good deal of M&A activity over the next couple of years,” said Apollo Management’s founder Leon Black.

Here are some other takes from Berlin:

Apollo predicts ‘bonanza’ in commercial property (FT)

Super Return: Black Sees Better Days Ahead (NYT)

For Private Equity, a Time for Wary Optimism (NYT)

Investors demand that buyout firms disclose more (Reuters)

Other topics:

‘Blind Pools’ Falter as Ziman, Callahan Plan Comeback (Bloomberg)

China builds stakes in Canadian mining companies (The Globe and Mail)

What Those CIC Stakeholding Disclosures Say About Its Strategy (WSJ)