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Private Equity Selling Among Themselves
Private equity firms are having trouble finding easy ways to sell their investments. They're even selling to each other, which suggests the market might be reaching its peak. For instance, Apollo is selling a company from one of its funds to another, raising questions about fair pricing. This shows the challenge of finding good ways to exit investments in private equity, along with other market pressures.
Watch more of this short video from Gretchen Morgenson: Our Economy Is Being Plundered By Wall Street Elites.
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