PITCHBOOK writes:
Hot economic growth and consumer spending have combined with cooler inflation to craft a healthy US economy. But the higher-for-longer timeline for interest rates and a disconnect on valuations between buyers and sellers create a more lukewarm environment for private equity.
While PE firms dealt with those issues, another threat emerged to the industry’s growth: higher yields on Treasury notes. Long-term bonds could present competition for PE as institutional investors …
The post PB: PE’s waiting game appeared first on The Loadstar.