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.


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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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Full story at http://www.pheedcontent.com/click.phdo?i=665c7804c80c1f51be007fdf878b48fc

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