2024-07-09 10:50:00 ET
Summary
- While there has been a surge in private equity startups, there has also been the privatizing of public companies.
- PE firms managed less than $1 billion in the mid-1970s - Today, it’s more than $4 trillion.
- The global PE dry powder has soared to an unprecedented $2.59 trillion in 2023 as a slow year in dealmaking closes with limited opportunities for firms to deploy capital raised in previous years.
Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets , as individuals seek higher rates of return than the market generates. Also, during these periods, Wall Street tends to bring new companies to market to fill the demand of the investing public. Private equity is always alluring, as is the tale of someone who bought the company’s shares when it was private and made a massive fortune when it went public....
Read the full article on Seeking Alpha
For further details see:
Private Equity - Why Am I So Lucky?