Franklin Templeton CEO says higher rates strain private equity
Franklin Templeton CEO Jenny Johnson said higher inflation and rates are a headwind for private equity buyouts, which have slowed, though she sees venture opportunities.
Higher inflation is a headwind for private equity, Franklin Templeton CEO Jenny Johnson said. S. inflation is flowing through into higher costs for energy and materials. Buyouts in private equity have slowed, and Johnson said if interest rates stay elevated, that is likely to make conditions harder.