SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (19191)5/9/2004 12:29:46 AM
From: Grommit   of 78669
 
There is an article in "the economist" magazine April 24 page 78 on the recent public offerings of private-equite firms. The speak of Apollo, KKR, Blackstone, Keslo and Evercore. They mention the old hands ALD, ACAS. They criticize Apollo's high management fees and incentive fees. "none of this seems to have deterred investors" they say. The are critical of the capabilities of the new firms.

They also mention that a lot less money has been raised by private-equity funds (so there should be room for the additional firms, but they mention that the industry has matured so that hitting "a home run" on an investment is much harder now.

also see:
bdcinvestor.com

Thre's a lot of opinion expressed the the fine magazine articel and I am sure that I have not covered it all, or may have misstated some of it.
economist.com

Hang on to your wallet or dig very deep to know what you are getting into.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext