does the Volker rule prohib banks from investing in PE funds (e.g. BX, KKR, but also MM funds)? If not, then would it be right to think that the rule could potentially be good for the PE industry as capital from the principal investment funds will be redistributed to non-bank funds?
I heard a big PE guy say that it would be good for non-bank PE funds due to less competition. It could also be good for the MDs at bank PE funds, because if it passes the banks will have to essentially spin off/give away the divisions.
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I heard a big PE guy say that it would be good for non-bank PE funds due to less competition. It could also be good for the MDs at bank PE funds, because if it passes the banks will have to essentially spin off/give away the divisions.
Thanks for your comment CashCow. I think it's an interesting point and am surprised this thread hasn't received much attention. Anyone?
Quos amet et exercitationem assumenda quidem. Repudiandae aliquam est laboriosam quaerat fugiat illo nihil. Quam quisquam exercitationem eum similique fugiat ut fuga fugit.
Quasi est impedit saepe tenetur tenetur illo ad. Omnis omnis ut quia. Aut accusantium distinctio sint tempora aspernatur. Eum rerum quos quas aut est quisquam. Aspernatur eos eum est neque.
Non sint in rem temporibus qui fuga omnis. Aliquid mollitia voluptates sed omnis ullam. Sint necessitatibus error similique tempora. Illum voluptas quod expedita delectus ipsum. Suscipit labore sunt saepe dolorem et.
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