The chief executive of $1.3tn asset manager PGIM said he was concerned about the “layered leverage” that private equity firms are using to return cash to investors and urged regulators to insist on more transparency about complex forms of debt.
价值1.3万亿美元的资产管理公司PGIM的首席执行官表示,他对私募股权公司用来向投资者返还现金而使用的“分层杠杆”感到担忧,并敦促监管机构坚持提高复杂债务形式的透明度。
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