Wisconsin co-investment team cautious as deal prices, leverage multiples rise

State of Wisconsin Investment Board, private equity, pension fund
  • Wisconsin "being cautious" as debt levels, prices rise
  • Wisconsin reported seeing debt multiples at 6x in Q3
  • Use of debt projected to fall under new tax law
High deal prices and private equity’s heavy application of debt are cause for concern at State of Wisconsin Investment Board. While deal flow remains solid, the Wisconsin co-investment team is being “cautious given the current purchase price multiples and debt ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition


To read a digital copy of our latest magazine

click here

PE News Briefs