Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
This time of year, the Rabid Capitalist is hearing a chorus of “What I want for Christmas are IPOs and M & A” from private equity fund general partners. Realized returns have been in short supply, damaging funds’ rates of return. General partners who have been raising capital for new funds have suffered as well.
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