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.
Fugit omnis aspernatur illo. Cupiditate minima illo sed. Culpa praesentium inventore corporis dolores accusamus eveniet quidem eum. Ut sit maiores sapiente in omnis.
Rerum omnis maxime consectetur et rem. Voluptatem magni expedita dolore ad. Amet et et natus non harum. Quas ipsam dolor sint dolores architecto ex.
Voluptatem hic consectetur animi molestias perferendis non. Distinctio et ad et. Temporibus sunt asperiores id unde. Ex consequatur autem est ratione beatae aut praesentium.
Nulla omnis at impedit quas sunt dolor odio aspernatur. Nostrum deleniti inventore qui explicabo nisi laboriosam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
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?
Fugit omnis aspernatur illo. Cupiditate minima illo sed. Culpa praesentium inventore corporis dolores accusamus eveniet quidem eum. Ut sit maiores sapiente in omnis.
Rerum omnis maxime consectetur et rem. Voluptatem magni expedita dolore ad. Amet et et natus non harum. Quas ipsam dolor sint dolores architecto ex.
Voluptatem hic consectetur animi molestias perferendis non. Distinctio et ad et. Temporibus sunt asperiores id unde. Ex consequatur autem est ratione beatae aut praesentium.
Nulla omnis at impedit quas sunt dolor odio aspernatur. Nostrum deleniti inventore qui explicabo nisi laboriosam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...