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Private equity is doing badly — however you measure it

Investors desperate to get cash back are putting pressure on funds to capitulate on sales

©The Financial Times Limited 2020 Sep 19, 2024 / 12:02 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.
Private equity is doing badly — however you measure it

Investors — increasingly desperate to see some cash back — are themselves more focused on DPIs, correctly given that cash in hand is worth more than an unrealised IRR in the bush

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