WE NEED PRIVATE EQUITY FUNDING MORE THAN EVER.

Autor: Walker, Simon
Zdroj: Daily Mail. 12/29/2008, p52. 1/3p.
Abstrakt: LET me start with a confession. I don't believe that private equity is infallible. Like any other business model, it sometimes makes rotten decisions. Some firms are more successful than others. And in the months ahead, companies backed by private equity will fail -- just like publicly-owned companies are already failing. I am also the first to admit that during the boom years some got carried away. With people falling over themselves to lend and to get a piece of private equity action, the role of leverage became more important. There was less focus on hands-on management and operational performance. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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