Well argued - by a Private Equity Insider. But why don't owners/shareholders not just change the management in underperforming businesses? It would be much cheaper. And why does Private Equity get treated as a fund when it is actually a conglomerate business and should be incorporated as such? (17-Oct-2017)
In defense of private equity
During a speech yesterday at the New York City Bar Association, Brian Daly,
Director of the SEC’s Division of Investment Management, shared his
thoughts on...
2 days ago
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