Back The Guardian Bonanzas in private equity world spark call for tax relief limit
Search Sections 26 Jul
Close
Advertisement
22 Jul 3:22pm

Bonanzas in private equity world spark call for tax relief limit

The Guardian
‘Fat cat’ wealth transfer thriving in huge investor deals buoyed by cheap debt and lockdowns, say analysts Welcome to the world of private equity, also known as the “billionaire factory”, where already super-rich firms have used low interest rates and their considerable financial firepower to embark on a multi-billion dollar buying spree this year. Mere mortals were this week given a rare glimpse inside the money-spinning and highly secretive private equity industry – which buys up companies, often using more debt than stockmarket investors would tolerate, then floats or sells them on again – as the London firm Bridgepoint floated on the stock market.
Read full story
 Like Comment
Advertisement

Comments

No comments yet...
On the top

Date settings

Today is Monday, July 26, 2021

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept

The Guardian

Close