Private Equity Owned Balance Sheets and Interest Rates

Powell recently signaled that he is ready to cut rates. Will it be enough to save middle-market balance sheets? According to the Lincoln Private Market Index (which tracks US privately held businesses - primarily private equity owned), average FCCR for a closely held company dropped to 1.04 in Q1 from 1.23 a year earlier. #privateequity #finance #investing #business

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