Recession fears send private equity firms into overdrive
Doom and gloom in the world economy have made Nordic Capital reel in owned companies. ”This isn’t a crisis on the top line we’re facing,” says Partner Peter Thorninger. ”It is an earnings problem.”
![Peter Thorninger, partner and head of operations of Nordic Capital | Photo: NordicCapital](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article14195086.ece/ALTERNATES/schema-16_9/doc7lmqrf0rvps1hi5j0hz.jpg)
by ole andersen, translated by daniel pedersen & daniel frank christensen
As clouds gather over the world economy, private equity firms that have shorter ownership time horizons, and fear an economic downturn, a recession, have put portfolio firms on a shorter leash.
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