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businessOct 12, 202316:26pending

Public problems for private equity

Unhedged

About this episode

For years, low interest rates let private equity deliver huge returns to investors. But now rates are up, and private equity is struggling. Many PE firms are turning to financial engineering to boost results. Today on the show, we wonder how that’s going to turn out. Also we go long the dollar as reserve currency and short the Birkenstock IPO. 


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Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X, formerly Twitter. You can email Ethan at [email protected].


Read a transcript of this episode on FT.com


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Public problems for private equity

Unhedged

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