Do forced buyers find bargains?
April 3, 2024 Leave a comment
Private Equity is about to become a forced buyer.
Private Equity Buyout Funds need to use its cash hoard (26% of the $1.2 trillion held is considered aged) or perhaps lose it.
You don’t earn any fees if you hand money back to investors.
But seldom do forced buyers find bargains.
And then let’s add some leverage (interest rates are 4 times higher than 2 years ago)……..then achieving an adequate return from ‘Private Equity’ may be stressed and ambitious, at the very least.
April 3, 2024
by Rob Zdravevski
Karri Asset Advisors
rob@karriasset.com.au
