Private equity’s ‘layered leverage’ needs more scrutiny, says PGIM chief

Head of $1.3tn asset manager says complex forms of debt could ‘accelerate things on the downside’

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Private equity’s ‘layered leverage’ needs more scrutiny, says PGIM chief

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See also

Listed landlords gaining upper hand over private equity, says British Land boss

The price of private equity may be too high for Asda

Pound slides as Bank of England chief says it could be ‘more aggressive’ in cutting rates

Estate planning has become more urgent for rich people as the election nears. That’s why tax laws need fixing, critics say.

Miami Dolphins close to becoming first NFL team to sell stake to private-equity firm

Private schools say fewer pupils joining them for secondary education

Stopping the great AI energy squeeze will need more than data centres

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