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Private Equity Industry Making Same Mistakes As Dotcom Era: Jayanti

by businessinsider.com posted 3weeks ago 22 views
Ignacio Jayanti, managing partner at the private equity firm Corsair Capital, says the current environment looks similar to the dotcom era in two key respects. He told a Milken Institute gathering that his opinion is based on the performance of financial sector assets, as well as, which parts of that sector are too costly, among other factors. Follow all of Business Insider's coverage of the 2019 Milken Conference here. One of the financial industry's top private-equity investors thinks he's identified an alarming comparison to a painful bygone era.

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