Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals (Soban News)

Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves.​Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves. ​NYT > Business [ SOBAN NEWS: International and National ]