Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system.In this episode, Director of Corporate Finance Stephen Barnett explains how the PE business model works, how it's impacted by rising interest rates, and what the potential dangers are to the wider system.Get advance registration for the next M&A Finance Accelerator simulation https://shorturl.at/dmJO5Free daily newsletter https://bit.ly/3Oeu4WkConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/mrzQ0 Hosted on Acast. See acast.com/privacy for more information.