ID 121341168 © Ievgenii Tryfonov | Dreamstime.com
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 allocate capital to less risky asset classes.
The latest report in our data-rich Quantitative Perspectives series, The Waiting Game, presents the case for long-term challenges in PE…
To read the full report, please click here, register and download it.