The economic impact of private equity
Many management teams operate in fear of their organisations becoming the target of a hostile bid from a private equity firm. Since the credit crunch, private equity activity has greatly reduced; big deals, such as the acquisition of Sainsbury's, have been abandoned; and public concern has subsided. Duncan and Andrew Campbell take the opportunity of this moment of calm to examine the economic impact of private equity and the arguments raised by its critics and supporters.
Campbell, A. & Campbell, D. (2008) The economic impact of private equity, 360° The Ashridge Journal, Spring, pp. 17 - 21.