Private equity firms are increasingly using “continuation vehicles” to sell companies to themselves, booking paper gains amid a backlog of unsold businesses. This strategy allows firms to wait for better market conditions, but investors worry about questionable valuations and unrealistic projections, as exemplified by the bankruptcies of Wheel Pros and United Site Services.
360 ONE WAM shares rise over 2% after appointing Jefferies India Head and MD as new CEO
360 ONE WAM appoints Jefferies India Country Head Aashish Agarwal as Group CEO, with founders Karan Bhagat and Yatin Shah taking focused leadership roles across