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Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

“Valuations are way, way off in some cases, and there will come a point, I expect soon, when auditors say they’re unable to sign off on the accounts anymore,” he adds, explaining that many asset sales in secondary markets will be done at far lower values than where they’re being priced by firms today.

Buyout 59
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BCI And Partners Acquire Australia's Costa Group in a Take-Private Transaction

Pension Pulse

If the deal overcomes regulatory hurdles, it will see the consortium snap up the remaining 85.16% stake it does not already own. Led by PSP, the consortium also comprises entities controlled by the world's largest berry company Driscoll's Inc and the British Columbia Investment Management Corporation (BCI). The approved $3.20