Marc Filippino

Thanks, Tim.

Thanks, Mark.

Institutional investors are sounding the alarm about deals where private equity firms sell companies back to themselves.

The investors say this type of trade could result in conflicts of interest.

But these sweetheart deals, also called continuation vehicles, have become very popular recently.

The FT's private capital reporter, Alex Hill, joins me now to explain.

Hey, Alex.

Yeah, not bad.

So, you know, what exactly is going on here?

Got it.

So why are private equity firms doing this at all?

Now, I mentioned earlier that some investors aren't super hot on this idea.

Why are these deals controversial?

So Alex, does this tell you anything about the health of private equity at the current moment we're in?

Alex Hill is the FT's private capital reporter in London.

Thanks, Alex.

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