Ten Predictions for How COVID-19 Will Transform Private Equity

The activism inherent in private equity’s investment-for-control thesis makes it particularly supple when it comes to adapting to crisis situations like that brought on by today’s COVID-19 pandemic. Optimism concerning private equity’s ability (and incentive) to collectively roll up its sleeves and transform challenges created by this crisis into opportunity – often through creative destruction[…]

Consultant’s claims and the evasion of responsibility

Safety in numbers’ mindset contributes to investment herding. It is only human to try to evade responsibillity for difficult decision, particularly when our careers might depend on it. The problem when nobody takes responsibility, bad decisions can flourish.  (…) The best known example of the problem was the power unwittingly vested in credit rating agencies.[…]

Les tiers gérants demeurent sous-équipés en matière d’outils métier.

La Suisse présente la plus forte proportion de gérants de fortune indépendants devant les Etats-Unis et l’Angleterre. Ils seraient 2600 selon le rapport annuel de la Finma. Patrick Dorner recense pour sa part quelque 2000 professionnels au bénéfice d’un statut d’investisseur qualifié. «Le nombre d’acteurs a progressé d’environ 20% ces quatre dernières années», souligne le[…]