Thursday, July 2, 2015
“Private equity is selling everything that’s not bolted down. With the robust valuations in today’s market, they are accelerating monetizations of companies they own.”
"It’s clear that we are currently in an environment of frothy valuations,” said Lise Buyer, founder of IPO advisory firm Class V Group.
Her disturbing punchline: "The insiders - those with the most knowledge - are finding this a very good time to take some money off the table."
This year, private-equity firms sold $73 billion of their buyouts to the public, a record amount over a six month period, Bloomberg data show..."