Tuesday, March 5, 2013

Ripe for PEU Bubble?

WSJ reported:

Conditions are ripe for a private equity bubble, according to a panel of buyout executives at Harvard Business School’s 19th annual Venture Capital and Private Equity Conference,

Bubble or condom The Economist reported:

Private-equity firms globally have nearly $1 trillion of “dry powder”, or unused funds, which they need to deploy for investments, according to Preqin, a research firm.

Might it bring another round of shameless excuses from the David Rubenstein's of the world.

Rubenstein is co-founder of The Carlyle Group, a private equity underwriter (PEU) with $170 billion under management.