, with fewer deals clinched than the year before despite being loaded up with more and more unused investor dollars.
Those findings come from an annual report on the PE industry offered by financial information company PitchBook.Private equity executives had a harder time investing in 2019, with fewer deals clinched than the year before despite being loaded up with more and more unused investor dollars. But then, the PitchBook report proceeded to detail several factors that depicted a challenging environment ahead, ranging from the U.S.-China trade war, to an upcoming recession.
The report comes after PE firms have been saddled with trillions of investor dollars they haven't used.and rumors of mega-deals have run rampant, including a report that KKR had considered taking Walgreens private it what would have been the largest private equity deal ever. The report pointed to one notable healthcare deal in 2019 when Goldman Sach's bought Capital Vision Services for $2.7 billion.
Lots of cheap money sloshing around the system, both from ridiculously low interest rates and unrelenting stock market.
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