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Aug 31, 2007

The impact of private equity on IR

What happens to IR when private equity takes over?

In a recent presentation, Steve Kunszabo, IRO at Centennial Communications, said the front page of the Wall Street Journal read ‘like a police blotter for private equity’. It’s an apt description. Even with the current market tightening, the amount of action in the private equity space is astonishing. The value of deals done through May this year in the US alone is $280 bn, more than in all of the 1990s. There are now 3,000 funds raising $500 bn worldwide. It seems no one is untouched;

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