Evidence Of Another Thing We Know
Earlier today, I posted some S&P data about how leveraged loan defaults are on the rise. It's one of those things that we already knew, but it was nice to have some statistical support. In that same vein, someone just sent over some JPMorgan data showing that private equity distributions fell off a cliff in 2008. It's from the firm's Private Equity Distribution Maangement group, which handles stock distributions for JPMorgan's internal funds-of-funds, plus for 18 outside clients. Seems like a large enough sample to be fairly representative, although I guess it's possible that
26 January 2009•1 min read
