Why They’re in Private Equity and You’re Not
From a Blackstone IPO redux in Bloomberg:
“For a Blackstone insider, that IPO was perfectly timed,” said Ryan Lentell, an analyst at Morningstar Inc. in Chicago. “For a common holder, the timing was the worst.”
Long time readers know that when these types of firms went public, I thought management were sending the clearest of all signals that the market had disconnected from reality if they were willing to sell.
[…] =46rom a Blackstone IPO redux in Bloomberg:. =93For a Blackstone insider, t= hat IPO was perfectly timed,=94 said Ryan Lentell, an analyst at Morningsta= r Inc. in Chicago. =93For a common holder, the timing was the worst.=94 = …Posted from By nikiscevak […]