Can private equity’s numbers be trusted?

More transparency is needed as the industry attracts new investors

Sep 3rd 2020

IN “THE BLACK ISLAND”, Tintin, the quiff-sporting boy reporter, uses a plane to chase a pair of forgers flying over Scotland. As he closes in on them, they suddenly disappear into a bank of clouds. “Just as I feared,” says his pilot. “Running into cloud.” After crashing into a dyke, Tintin emerges bruised but impressed by the itchy feel of Scottish fashion and his first pint of stout.

This article appeared in the Finance & economics section of the print edition under the headline “Impaired visibility”