The private equity landscape has changed since the financial crisis, and the industry will need to adopt new strategies to make a success of their portfolio companies, according to 3i’s chief executive and former FD, Michael Queen.
Speaking in a video interview with Emanuel Eftimiu, head of research for Unquote” – a private equity title from the same stable as Financial Director – Queen discusses how a dearth of debt availability and other factors have meant the tried and tested private equity models of the past are challenged now that funding and deals are scarce.
Proving that they add real and lasting value to companies they own, demonstrating sustainable returns to investors, identifying solid investments and expanding into Asia are top of the list for the industry now, according to Queen.
To read Financial Director‘s exclusive interview with Queen’s successor as 3i FD, Julia Wilson, click here
Marks & Spencer is to cut more than 500 head office jobs and move hundreds of IT and logistics staff out of London in a bid to cut costs, as the retailer continues to post falling sale
European companies are struggling to register sustainable improvements in working capital performance, writes Neil Johnson
Debt financing opportunities are getting ever more interesting, writes Antony Perring, CFO of LEON
During Brexit, cash flow is your only certainty, explains Michael Facey, head of marketing and product management, OnGuard