Guy Hands Comes Clean on Private Equity

guyhands pe

I found this take on the private equity industry from one of its more well-known insiders to be refreshing in its honesty.

Guy Hands is a “name brand” PE executive from London who made a very bad deal at the peak of the market.  In his discussion with Andrew Ross Sorkin, he comes clean about that and many other truths from the dark side of the PE business.
From DealBook (New York Times):

“Clearly a large number of P.E. firms were totally overpaid at the peak of the market,” he said. “The fees were an entirely unwarranted windfall, as the managers did not use the excess fees to invest in resources to grow the skill base of their funds.”

He estimated that the private equity firms’ “net earnings will decline a minimum of 80 percent from the peak in 2007.”

Success had less to do with performance or risk management, he said, and more to do with bulking up. “It is time for investors to see through the elaborate marketing machines created by the industry,” he said.


Guy Hands Peels Back the Curtain (DealBook)

What's been said:

Discussions found on the web
  1. Blazing Trader Review commented on Sep 21

    … [Trackback]

    […] Here you will find 59114 more Information to that Topic: […]

  2. Immediate Edge Review 2020 commented on Sep 23

    … [Trackback]

    […] Find More to that Topic: […]

  3. best wig head commented on Sep 24

    … [Trackback]

    […] Read More to that Topic: […]

  4. bitcoin blazing trader commented on Sep 27

    … [Trackback]

    […] Read More Info here on that Topic: […]

  5. Bitcoin Era Review commented on Sep 28

    … [Trackback]

    […] Here you will find 8076 more Information to that Topic: […]

  6. pick & mix sweets commented on Sep 29

    … [Trackback]

    […] Information to that Topic: […]

  7. How to Automate Performance Testing commented on Nov 12

    … [Trackback]

    […] Information on that Topic: […]

  8. functional testing commented on Dec 09

    … [Trackback]

    […] Info to that Topic: […]

  9. 안전공원 commented on Dec 14

    … [Trackback]

    […] Find More Information here to that Topic: […]

  10. Bilskrot Göteborg öppettider commented on Jan 09

    … [Trackback]

    […] Read More on that Topic: […]

  11. Sharp PN-K322B manuals commented on Jan 22

    … [Trackback]

    […] Find More here on that Topic: […]

  12. VTech SN6187 Manual manuals commented on Jan 22

    … [Trackback]

    […] There you will find 93789 additional Information on that Topic: […]