How private equity's brutal reckoning could help Australia
Private-equity dealmakers pride themselves on cutting through the corporate BS and getting down to business. So we can only imagine the sector's masters of the universe would read the views of Egyptian industrialist and billionaire investor Nassef Sawiris with begrudging respect this week.
'Private equity has seen its best days . . . They can't exit. Exits are so tough,' Sawiris told the Financial Times.
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