Wed, Apr 16, 2014
A A A
Welcome ancapital
RSS

Is private equity ‘pretty terrific’ for society?

Posted on 06 July 2012

Blackstone Group chairman and CEO Steve Schwarzman told CNBC’s “Squawk Box” that the private equity industry’s leaders need to do a better job of marketing if they want to dispel popular misconceptions about what their firms do.
“What private equity does is raise money from pension funds – these represent policemen, firemen, teachers, corporate executives and state and municipal employees,” said Schwarzman, “and it invests that money to buy companies.” ……………………………………….Full Article: Source


 Article link

This post was written by:

admin - who has written 26 posts on Opalesque Private Equity Briefing.


Contact the author

Comments are closed.

April 2014
S M T W T F S
« Jul    
 12345
6789101112
13141516171819
20212223242526
27282930