Private Equity Investors Face Expensive Choice: 10% Loans to Get Cash
(Bloomberg) -- Investors with money stranded in private equity funds are weighing an expensive solution: borrowing against their stakes, sometimes at double-digit interest rates, until the market for their holdings turns around.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally UAW Aims For At Least 30% Wage Bump to Woo New MembersBiden Impeachment Hearing Heavy on Politics, Light on SubstanceTop Chinese Scientist Claims India Moon Landing Nowhere Near South Po
Source: yahoo.com
