| ▲ | mbesto 6 hours ago | |
Guy who works in the PE market here (not a PE shop myself) - this comment is correct. | ||
| ▲ | meetingthrower 4 hours ago | parent | next [-] | |
Correct. One niggle in that PE can access private credit as part of the capital stack. One flavor of debt in the ice cream store. | ||
| ▲ | refurb 23 minutes ago | parent | prev [-] | |
If you work in a PE shop you’d know it’s not riskfree and that the PE firm also puts their own money up plus money raised through LPs (hence “leveraged”) | ||