Central bank policy error and European private markets
February 12, 2016
The European Central Bank’s decision to hike rates in 2011 crushed private investment in the peripheral Eurozone. Much like the U.S. Fed’s decision in December amidst turmoil in China, commodities and high yield credit, Europe was then experiencing severe banking crises. We dove into the data in the PitchBook Platform and created four charts that show the impact the ECB's policy decision has had on private markets in Europe.