Saturday, January 9, 2010

PEU's $400 Billion

Bloomberg reported:

Private equity has about $400 billion of committed capital waiting to be put to work since dealmaking ground close to a halt in 2007, according to PitchBook Data Inc. in Seattle.
Private equity underwriters (PEU's) expect 25-30% annual returns for investors. They'll settle for less from government guaranteed infrastructure deals. But they won't stand for paying income taxes on their hefty gains.