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Wednesday, September 30, 2009

Private equity management grows increasingly cut throat

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One consequence of the credit crisis shutting off the debt financing LBOs used to make acquisitions is that private-equity executives increasingly find themselves feuding over power, money, and strategy. Bloomberg provides details of the ouster of Dominique Megret, former CEO of PAI Partners, France's biggest private-equity firm.


Lionel Zinsou and others partners delivered an ultimatum to Megret: they wanted more say in running the firm or they would resign from the investment committee.


Continue reading Private equity management grows increasingly cut throat

Private equity management grows increasingly cut throat originally appeared on BloggingStocks on Tue, 29 Sep 2009 17:40:00 EST. Please see our terms for use of feeds.

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