Tuesday, 24 May 2016
Last updated 17 hours ago
Jan 3 2014 | 1:25pm ET
Private equity investors are in line for a record-setting payout for 2013.
P.E. firms were in line to return more than $120 billion to investors last year, according to Cambridge Associates. That would break the mark set last year, when investors split $115 million.
Firms returned $60.8 billion to investors in the first half of last year.
P.E. players took advantage of soaring stocks, rock-bottom interest rates and an appetite for riskier debt plays to list portfolio companies and pay out big dividends in 2013.