CI Financial signs $4.7B deal to be taken private by Mubadala Capital

The Canadian Press

Rachel Wasserman, a fellow at the Canadian Anti-Monopoly Project, said the widening net of private equity means there’s dwindling access to information on what these once-public companies are doing.

It also makes it harder for average investors to buy into the companies, and raises competition concerns as well. “When it’s one company, it doesn’t matter, but this is happening at such a scale that it is becoming a real problem,” said Wasserman, who wrote a recently published paper on the rise of private equity.