Private Equity Investors Face Expensive Choice: 10% Loans to Get Cash

(Bloomberg) -- Investors with money stranded in private equity funds are weighing an expensive solution: borrowing against their stakes, sometimes at double-digit interest rates, until the market for their holdings turns around.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally UAW Aims For At Least 30% Wage Bump to Woo New MembersBiden Impeachment Hearing Heavy on Politics, Light on SubstanceTop Chinese Scientist Claims India Moon Landing Nowhere Near South Po

Related Keywords

Merced County ,California ,United States ,Cambridge ,Cambridgeshire ,United Kingdom ,Los Angeles ,Andrea Auerbach ,Joel Holsinger ,Gaurav Patankar ,Bloomberg Businessweek ,Ares Management Corp ,Bloomberg ,Cambridge Associates ,Apollo Global Management Inc ,Apollo Global Management ,Ares Management ,Oaktree Capital Management ,Private Equity Deal Rut Spurs Firms ,Raise Cash ,Bret Leas ,New York Based ,Pierre Antoine De Selancy ,Private Equity Firms ,Private Equity Funds ,Institutional Investors ,Private Equity ,Fund Holdings ,Interest Rates ,