Private equity companies are trying their best to put flotation and initial public offering candidates back in the box, after being battered by angry fund managers, and will once again try in a few years when they hope that the market will be more stable and receptive.

Last week, IPO plans for majors like Travelport, New Look and Merlin were derailed, mainly because of high valuations and anti-private equity feelings that were floating around, as has been shared by people who are close to buyout firms, despite growing evidence that private equity floats generally end up performing well in the markets.

Fund managers are very unhappy as their investments will now be used to de-lever private equity firms, and feel frustrated and angry that public markets are being viewed as a buyer of last resort for companies which find no other suitable exit route.

"I'm not going to be ripped off by fund manager. If fund managers want to flex their muscles, so be it. But ultimately this is a short-term problem and it will blow over", said a senior private equity Executive.