Newsig · Financial Times
Boom-era PE funds will fall short on promises, executives warn
Returns from funds launched during the frenzied period of 2019 to 2021 are likely to struggle to meet expectations
Why it matters
BX (Blackstone) · Why linked: Major private equity firm that raised significant capital during the 2019-2021 boom period Market context: bearish on near-term fundraising and valuation expectations if PE returns disappoint
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