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Lex | Private equity: financial engineering prevents valuation check

©The Financial Times Limited 2020 Sep 21, 2023 / 06:22 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

The sector finds continuous ways to bypass the issue of true price discovery and keep their fee stream running

Some industry veterans claim the golden era of private equity has passed now that low interest rates are unavailable and corporate valuations are more volatile.

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