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.”
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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