Why private equity appeals
It offers investors smoother returns, and a way around debt constraints
JOHN MCGAHERN’S novel, “That They May Face the Rising Sun”, is set in a remote corner of Ireland. There is a lake, a church, two bars and not much else. Gossip is prized but in short supply. Much of it is concerns John Quinn, a womaniser who has buried two wives and is looking for a third. His quest takes him to Knock, a shrine to the Virgin Mary, which has become a place to find a partner. Like many pilgrims, John Quinn is outwardly pious. But his mind is fixed on earthly matters.
This article appeared in the Finance & economics section of the print edition under the headline “Smooth operators”
Finance & economics February 23rd 2019
- Countries are seeking help to deal with corporate tax avoidance
- A gamble in France could cost UBS dear
- A surprising number of North Korean refugees send money home
- Germany’s regulator bans short-selling in Wirecard
- Why private equity appeals
- The global soyabean market has been upended
- A new book argues weakened communities threaten liberal democracy
From the February 23rd 2019 edition
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