Enterprising Investor
Practical analysis for investment professionals

Private Equity


The Earnings Dip Before a Sweet Deal: Going Private in Europe

European voluntary delistings often involve earnings management. This study shows the patterns and implications for investors.

Private Credit Secondaries: From Niche Strategy to Core Portfolio Tool

Private credit’s resale market is booming. Secondaries offer liquidity but reveal growing strain in traditional exits.

Private Equity’s New Exit Playbook

The rise of continuation funds reflects private equity's longer hold periods for assets amid higher rates and narrowing exit strategies.