Private Equity Lingo: The Podcast
Private Equity Funcast
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The Importance of Succession Planning in Private Equity
Every city has the family tree of private equity firms. People break off and do their thing, they're either called spin outs or wind downs. When it goes well and there's an understanding between all parties, it could be fine. But if your guy basically just spins out with no connection to the old firm, you could get stuck with having one of the elder statesman suddenly take over your portfolio company.
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