PE Firms Taking Profits Off the Table

As some top PE executives have made clear this year, it is time to sell off the fruits of their labor, including some of the biggest deals reached at the boom time.  “It’s almost biblical: there’s a time to reap and there’s a time to sow,” Apollo Global’s Leon Black said last month. “We are harvesting now.”

PE Firms Taking Profits Off the Table

The private-equity industry is taking its profits in this market rally.

As some top PE executives have made clear this year, it is time to sell off the fruits of their labor, including some of the biggest deals reached at the boom time.

“It’s almost biblical: there’s a time to reap and there’s a time to sow,” Apollo Global’s Leon Black said last month. “We are harvesting now.”

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