"I work for a big private equity firm. I am horrified"

Posted by PSR_AXP 30 days ago

I work for a global private equity firm in London, and have undertaken various roles in large private equity-backed portfolio companies. I've experienced firsthand how a private equity firm operates.

These are my observations:

1. Buy the company with leverage (often over 50%)

2. Offload the debt to the portfolio company

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