Why Private Equity’s Playbook Is Losing to Public Markets
Private equity has long promised investors better returns than public markets, while offering entrepreneurs like Dan Namerow life-changing exits. But the market that made those deals work has changed. Higher interest rates have made debt-financed buyouts harder to justify, while deals struck at peak valuations in 2020 and 2021 have become more difficult to exit. University of Chicago Booth…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
