UK markets close in 7 hours 13 minutes

Why Private Equity Can Endure the Next Economic Downturn

Mar.11 -- The stock market’s severe downturn is making takeover targets cheap again after a decade-long rally left buyout firms with record war chests. With interest rates getting pushed ever-lower, large investors may turn all the more to private equity bets for yield, as they have for the past decade. On "Bloomberg Money Undercover", Bloomberg's Lisa Abramowicz talks with Andres Saenz, EY Global Private Equity leader. The firm released its latest report "Why Private Equity Can Endure the Next Economic Downturn." (Source: Bloomberg)