PE funds see opportunity as IPO markets falter
The tumbling stock markets have put off IPO investors, even as PE buyers are still sitting on a record cash pile
London
ACROSS Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public stock markets may be good for private equity firms.
Having started the year with a record US$1 trillion cash pile, private equity funds have found few chances to spend it, despite pressure from investors wanting them to put the money to work.
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