The jammed PE conveyor belt: Broking’s $200bn+ of trapped capital
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The jammed PE conveyor belt: Broking’s $200bn+ of trapped capital

Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO.

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A couple of years into The Squeeze on levered brokers, things are getting worse.

A weakening outlook for returns has cooled private equity interest in buying private broking platforms at or above the levels that their current owners have them...

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