Private Equity's Creative Wizardry Posing Systemic Risk?
Pension Pulse
JULY 11, 2024
A broader worry is that while buyers’ hunger may be back for higher-quality companies, as shown by the uptick in investment-banking activity on Wall Street, the books of PE firms are stuffed with less attractive businesses snapped up at inflated prices. Some investors don’t want firms using such tools to flatter returns.
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