- BE VII looks on track to fully invest
- Interest rates are the key factor this year
Private equity fund manager Bridgepoint Group (BPT) has spent most of the past three years not living up to the promise of its initial public offering in July 2021. The share price remains well under the 350p listing level, and well off its all time high of 561p, and we can describe it as emblematic of an unsustainable low interest rate boom. Furthermore, since interest rates started climbing, life for Bridgepoint and private equity in general, has become far more complicated.