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Private Equity at Crossroads as Rout Offers Deals, Curbs Lending

  • ‘Every day, it’s becoming a better day to buy’ Schwarzman says
  • Yet firms need financing, and investors are eschewing risks
Bloomberg business news
Looking for 'Mismatched' Opportunities During Virus Volatility: Pomona Capital CEO

It’s a ripe time for buyout titans -- if they can rustle up the financing to take advantage.

The stock market’s severe downturn is making takeover targets cheap again after a decade-long rally left buyout firms with record war chests. With interest rates getting pushed ever-lower, large investors may turn all the more to private equity bets for yield, as they have for the past decade.