Businessman looks on collapse domino effect. Stress resistance business. Financial stability. Recovery business. Evaluation of cash risks. Creating a strategy. Management and planning. Decision making

PITCHBOOK reports:

For anyone working in finance, having your industry compared to a Ponzi scheme is less than ideal, to say the least. Unfortunately, for the private equity sector, this is what it has come to.

Over the past couple of months, two high-profile investors—and a veritable horde of Twitter commentators—have likened some parts of private equity to a Ponzi or pyramid scheme.

Vincent Mortier, CIO of asset manager Amundi, was the first to make the controversial comparison, citing an increase in PE ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.