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LBO Myth: Jeffrey C Hooke on private equity myths with Tobias Carlisle on the Acquirers Podcast

The Acquirers Podcast

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Is It a Misrepresentation of the Returns?

Is this an artificial way of kicking up the returns? I would say it is. You'd have to look at all the contracts associated, both with the fund and the way the fund bought the company and then dropped it into the investment vehicle. And i'm not an attorney, but i just think it's a little shaky. The industry, to its credit, has been incredibly resilient with keeping the fee structure as it is - even though the returns have been mediocre. They've fostered this aura of the fund managers all being geniuses. It's remarkable. So that one, you know, it take a while. The gamifacation returns, i just don't see that being

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