Private equity’s loved assets turn problem children in downturn
The private equity industry finds itself in unexplored waters after a long period of prosperous growth – the downturn forces managers to reconsider their next move.
By Jan-Henrik Förster, Dani Burger & Will Louch, Bloomberg
The private equity industry is waking up to a reckoning after more than a decade of stratospheric growth fueled by cheap debt and a relentless flow of investor capital.
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