Blog: Wall Street Private Equity Gets Bigger in Every Way
Wall Street’s private equity barons smashed previous records to complete $1.2 trillion worth of acquisitions in the United States in 2021, an all-time record. Globally, the industry gobbled up companies worth $2.1 trillion. The new acquisitions and the massive debts the industry generates is creating the risk of “the dotcom boom meeting with the financial crisis,” according to one insider.