multiple expansion

3 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Feb 17, 2020 by Dan Rasmussen · across every show →

Everything said about multiple expansion, oldest first

Feb 17, 2020 bullish
Insight
Leveraged equities with multiple expansion deliver outsized returns
“We're going to focus on the ones that are levered because when they get multiple expansion and they're levered, that's where you really make a ton of money.”
Dan Rasmussen Feb 17, 2020 ▶ 28:26 Dan Rasmussen – Private Equity Risk and Public Equity Opportunity at Verdad Advisers (First Meeting, EP.15)
May 26, 2025 neutral
Assertion Supported
Multiple expansion drove half of private equity returns over the last decade
“So if you look at the private equity industry, the data tells you that over the last decade, half the returns came from multiple expansion.”
Kristin Kolurgis-Roland May 26, 2025 ▶ 20:21 Kristin Kallergis Rowland – Alts at J.P. Morgan's Private Bank (Private Wealth 4, EP.447)
May 26, 2025 bearish
Prediction Not checkable as stated
Multiple expansion will no longer drive half of private equity returns
“That's not good or bad necessarily, but that's not going to persist.”
Kristin Kolurgis-Roland May 26, 2025 ▶ 20:27 Kristin Kallergis Rowland – Alts at J.P. Morgan's Private Bank (Private Wealth 4, EP.447)
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