European Private Equity Firms Face Market Pressure Amid U.S. Credit Concerns
** Major European private equity firms experienced notable stock declines as concerns over U.S. lending standards crossed the Atlantic. The sell-off follows heightened warnings on leveraged loans and recent corporate collapses.
Market Reaction to U.S. Credit Worries
Several of Europe’s prominent private markets firms reportedly faced significant stock declines on Friday, as anxieties regarding U.S. bank lending standards spread internationally. According to reports, CVC Capital Partners, headquartered in Jersey, saw shares drop approximately 5.4%, while London-listed ICG fell about 6%. Swiss firm Partners Group declined 4%, alongside Sweden’s EQT, which also dropped 4%.