Trump II, the digital Caligula, is ready to spread "We the PEUple" into retirement accounts. Private equity underwriters (PEU) have offered multiple products in the past for regular investors. Most were received with yawns and disinterest.
But like crypto, the sun is rising on the pristine luxury vessels of private equity and private credit. Hint: if they are actively selling to the little people that's a setting sun folks.
Fire up the bucket shops, the PEU boys got secondaries to sell. Think of them as leftovers, the ones hidden in the back of the fridge.
Don't load up your retirement dingy with moldy PEU stakes or termite infested private credit. It's a long way back to shore.
Update 5-21-25: Another article from WSJ on the topic.
Update 6-2-25: FT reported:
Moody’s reports default rates for private equity-backed companies nearing 17 per cent, more than double non-private equity firms.
