Private equity's debt mountain (encore episode)
The Story of Money
Manuela Saragosa
4.4 • 400 Ratings
🗓️ 2 October 2018
⏱️ 21 minutes
🧾️ Download transcript
Summary
Private equity has flooded the deal market in recent years, in part due to an era of cheap debt and fund managers on the hunt for greater investment returns. Firms are scooping up stakes in oil pipelines and newspapers — and even dental clinics. With a record $1.8tn in pension and sovereign wealth fund money waiting to be invested, some analysts are asking when private equity’s winning run will come to an end. With the FT's Javier Espinoza. Read more here.
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Transcript
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| 0:00.0 | Am I missing anything? Is this the right decision? |
| 0:02.0 | Is this a connection? |
| 0:03.0 | Are I too late? |
| 0:05.0 | Find clarity in your investment decision-making. |
| 0:08.0 | Manage your portfolio for sustainable growth and regulatory alignment |
| 0:12.0 | with the ultimate blend of powerful AI and |
| 0:14.6 | industry expertise. |
| 0:16.5 | Reduce risk, meet your sustainability goals and push the boundaries of possibilities based on |
| 0:21.1 | facts, not opinions. |
| 0:23.0 | Clarity AI scaling human decisions through tech. |
| 0:26.6 | Visit clarity. |
| 0:28.0 | Aye and take action today. Hi, I'm Amy Keene, and this is Behind The Money with the Financial Times. |
| 0:38.0 | This week on the show, we're running an episode that originally aired at the end of July. It's about private equities mounting |
| 0:44.7 | debt. It's another potential financial bubble that's causing some investors to wonder |
| 0:49.6 | if the boom time is coming to an end. |
| 0:59.0 | Private equity has flooded the deal market in recent years and it's owed in no small part to an era of cheap debt |
| 1:02.0 | and fund managers on the hunt for greater returns on their |
| 1:05.0 | investments. |
| 1:06.8 | Firms are scooping up stakes in oil pipelines and newspapers, even dental clinics, and |
| 1:12.2 | with a record $1.8 trillion in pension and sovereign wealth fund money waiting to be invested, |
| 1:18.0 | some analysts are asking when private equity's winning run is going to come to an end. Hey heavier who is John Gray? So John Gray is a star dealmaker in private equity and more specifically at this buyout giant farm called Blackstone. |
| 1:47.5 | He has led some of the largest private equity deals of our times. |
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