AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How Long Does It Take for a Private Equity Fund to Hold a Company?
The system itself of management, fee, money being invested, pooled a creating problems. Even if the right decision is to do nothing, typically doing nothing is not rewarded in our society,. You don't get no bell prize for doing nothing. And then when you add on an additional layer of a motivation from needing to show your l p - that's another problem. I think it does provide a forcing function that provides that, in turn, causes a motivation level that may be more relaxed and lazy. But i'm not trying to pass ina universal judgment. I just don't think that a line's incentives over the long term in the way that you'd be making what we all consider to