Private equity firms have amassed vast fortunes for their owners by snapping up companies in a rising stock market using ultra cheap debt. But what happens when values go down and interest rates rise? We talk to US investor and private equity sceptic Dan Rasmussen about the coming buyout Götterdämmerung.
(Dan has written recently on this and his note can be found here https://verdadcap.com/archive/private-equity-still-overrated-and-overvalued)
Presented by Jonathan Ford and Neil Collins.
With Dan Rasmussen.
Produced by Ewan Cameron and edited by Nick Hilton for Podot.
Sponsored by Briefcase.News
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