Bank of England says better risk management needed in private equity

Economy
LONDON, June 27 (Reuters) – Risk management in the private equity sector needs improving, particularly as the period of low interest rates leads to higher financing costs in the highly leveraged industry, the Bank of England said on Thursday.
The BoE said in its twice-yearly Financial Stability Report that the an investigation of the sector showed it was facing challenges from higher borrowing costs.
Source: REUTER

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