Private Equity Leaders Foresee Economic Recovery

November 27, 2008

Maybe it’s finally time to start seeing the light at the end of the tunnel. In fact, more than half of private equity leaders surveyed recently by Celerant Consulting felt that an economic recovery is no more than 18 months away. In a survey of more than 220 senior executives across Europe and the United […]

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Experienced CEOs Moving into Venture Capital Jobs

November 26, 2008

Downward pressure on CEO compensation packages is starting to have an effect on where these top executives want to work, reports biotech website TMCNet.com The article quotes Gabrielle Lajoie, a managing director with the executive search firm Russell Reynolds Associates, as saying that experienced CEOs from biotech firms may be considering a move into venture […]

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Getting a Job in Private Equity

November 24, 2008

Baruch College students received some timely advice from two of the college’s more famous and successful grads recently. During the school’s Executives on Campus Program, 1962 Baruch College graduates Harvey Mallement and Harvey Wertheim, certified public accountants who teamed up to co-found Harvest Partners in 1981, offered their suggestions on how to get into the […]

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One Place Where Private Equity Jobs Are In Demand

November 20, 2008

FT.com, The Financial Times online edition, reports that banks are hiring private equity executives to beef up the teams that manage failing businesses, especially as they begin to take control of more of them during the current economic downturn. Banks need to find people for their “work-out” teams — executives who know how to actively […]

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Why The Venture Capital Model Is Broken

November 17, 2008

There’s a buzz in the blogsphere about Adeo Ressi’s recent treatise on why the venture capital model is finally broken. Ressi is founder of The Funded, a website that lets people rate venture capitalists. His musings about the current state of the VC model have hit a number of blogs and online publications, including The […]

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Venture Capital Guru Says It’s a Good Time for Start-Ups and Jobs

November 13, 2008

When you’re being chased by a bear, you don’t have to outrun the bear. You just have to outrun your friends. So quipped Gilman Louie, a well-known video game geek and veteran venture capitalist, at a recent Bay Area Capital Connections conference covered by Venturebeat. Today Louie is a partner at the Alsop Louie venture […]

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Private Equity Job Compensation Rises in 2008

November 10, 2008

Newspapers may be filled with reports of layoffs and job cuts but there’s one sector of the financial services industry that seems to be riding out the storm better than others. Glocap Search and Thomson Reuters report that compensation for executives at U.S. private equity firms has actually risen this year, across almost all categories […]

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Private Equity Backed Firms Prize Operational Skills

November 6, 2008

Financial executives who are light on accounting skills may still be able to find job opportunities in certain types of firms, according to Walt Williams, a partner at the recruiting firm of Battalia Winston Amrop. For example, firms backed by private equity value operational skills over accounting expertise, said Williams in a recent article in […]

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No Dotcom Crash for Venture Capital

November 3, 2008

The economic downturn may actually be good for technology ventures, and there are reasons we won’t see a repeat of the crash of 2001, according to the industry website techradar.com. The situation today is very different from the tech bubble, when investors threw money at anything with .com without a sensible business model to back […]

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Shanghai Considers Tax Breaks to Lure Private Equity

October 30, 2008

A senior government official announced Friday that Shanghai is looking at scrapping its 20 percent capital gains tax on hedge funds and using other incentives to lure more venture capital and private equity to the city. Fang Xinghai, director-general of the Shanghai Municipal Government’s Financial Services Office, said it would be “wrong” to slow the […]

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