The end of cheap money is bringing what John Kenneth Galbraith called ‘the bezzle’ to a shuddering halt. Crypto has crashed, placing the future of funds such as Three Arrows Capital in…
Tag: crush
ALEX BRUMMER: Rates crush private equity
Even small changes in market interest rates, for owners which rely on debt and quick turnarounds, spell trouble, says ALEX BRUMMER Cracks in the invincibility of the private equity model are starting…