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    Cory Doctorow (pluralistic@mamot.fr)'s status on Tuesday, 06-Aug-2024 04:46:55 JSTCory DoctorowCory Doctorow
    in reply to

    Today, the "dry powder" (uninvested money) that PE holds has reached an all-time record high of *$2.62 trillion* - money from pension funds and rich people and sovereign wealth funds, stockpiled in anticipation of buying and destroying even more profitable, productive, useful businesses:

    https://www.institutionalinvestor.com/article/2di1vzgjcmzovkcea8f0g/portfolio/private-equitys-dry-powder-mountain-reaches-record-height

    26/

    In conversationabout 6 months ago from mamot.frpermalink
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