In the U.S, senior Democratic Party members are debating measures that would make it harder to add leverage on deals, as well as end tax breaks for fund managers. While in the U.K., a mid-market tabloid’s on-going campaign against private equity deals shows how the once obscure industry is starting to attract more hostile media.
More significantly, China has announced a crackdown on private equity funds raising money directly from domestic retail investors. That effort may put a significant dent in global fundraising numbers.
--With assistance from Michael Msika and Melissa Karsh.
This article was provided by Bloomberg News.