Private equity meets bear market

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Private equity meets bear market | opinion

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'PE valuations are not entirely immune to market fluctuations. Instead they lag them by six or nine months (I would argue that is how long accountants on the PE payroll can deny the blindingly obvious).' US public union pension funds love PE overvaluation,esp during bear markets.

Things will cost even more soon

'PE valuations are not entirely immune to market fluctuations. Instead they lag them by six or nine months (I would argue that is how long accountants on the PE payroll can deny the blindingly obvious).' US public union pension funds love PE overvaluation, esp during bear markets

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