Public problems for private equity
How will private equity compete in an era of higher interest rates?
Unhedged · Financial Times & Pushkin Industries
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Show Notes
For years, low interest rates let private equity deliver huge returns to investors. But now rates are up, and private equity is struggling. Many PE firms are turning to financial engineering to boost results. Today on the show, we wonder how that’s going to turn out. Also we go long the dollar as reserve currency and short the Birkenstock IPO.
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Read a transcript of this episode on FT.com
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