invest1 publisher
Three extra years of hold need 22.5% more exit value to leave private equity's investors level
Sebastien Canderle says buyout managers still cannot sell, so capital pension funds had budgeted to arrive after four or five years sits at carrying value while CalPERS's estimated 7% a year keeps compounding against it.
Publishers:nakedcapitalism.com
Reality
- Evidence40
- Adoption52
- Hype gap+22
- Incentives68
- Confidence45