Dimon Calls Out Private Equity for Missing the IPO Window: Going Private

Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we crunch the date on private markets’ exposure to software amid fears about the rise of artificial intelligence. But first we take a look at Jamie Dimon’s thoughts on private equity and IPOs. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net

Jamie Dimon’s comments about private credit lacking rigor in its valuations grabbed plenty of attention this week, but less heed was paid to his thoughts on the private equity managers that own many of the companies that borrowed from direct lenders.