Warren’s war on PE threatens unintended consequences

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Warren’s war on PE threatens unintended consequences

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View of the US Capitol dome that is covered in scaffoldingl, November 4, 2014 in Washington, DC. Today Americans head to the polls to cast their vote in the mid-term elections, which will decide whether Republicans or Democrats will control the Senate. | Olivier Douliery/ABACA USA/PA Images

US Democrat senator, and presidential hopeful, Elizabeth Warren wants to upend private equity. She has proposed a bill which would stop PE money flowing to some sectors altogether and would send deal numbers and valuations plunging. But it could also lower borrowing costs, reports Karoliina Liimatainen.

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