Breakingviews TV: Buyout blues

Dec 19 - Private equity investors could be in for a shock if debt markets sag and the economy slows. John Foley says the industry’s vaunted 15 percent annual returns on M&A deals could fall as low as 5 percent if valuations return to historical levels and profit growth dips.

from Reuters Video: Breakingviews https://reut.rs/2GyGZU3