A major study of the returns from private equity firms over the past 40 years has produced some unusual insights into their performance, not the least of which is that the largest firms have produced the worst results.
Private equity firms
EMI deal a pain in the (al)bum for private-equity big hitter
The catastrophic failure of record label EMI once again proves that many of the feted masters of the universe are mostly show and very little substance.
Private equity barbarians turned away at the gate
It wasn’t long ago when the mere mention of private equity players would send shudders through the veins of even the toughest non-executive chairman. No longer.
Costello still good for a private equiteer laugh amidst the gloom
With 10-year bond yields dipping back under 5% last night, Wesfarmers might prove lucky with its timing in taking over Coles just when the private equiteers found money a little harder to come by
Coles deal: And then there were two
The chances of a private equity takeover offer for Coles Group have lessened with reports from New York this morning suggesting that the Blackstone Group is no longer interested.
Is the private-equity party about to be closed down?
Anyone familiar with the classic Tom Wolfe novel, The Bonfire of the Vanities, would have a sense of déjà vu working in US financial markets at the moment.
