The private equity industry in the new interest rate environment
As interest rates shift from a decades-long decline to hovering at the zero lower bound and potentially increasing significantly, the private equity industry will face new pressures. The inflow of capital to the asset class will decelerate, leading to an increased scrutiny of costs and an opportunity to shift bargaining power to limited partners. The first LTI Report argues
Princeton University Press University Of Torino Princeton University Darden Business School Working Paper No Long Term Investors Tailwind Stops
Source: voxeu.org