Restructuring Forum –
Debriefing from Private Equity
workshop

Tomas Korpi, Stockholm University
Speakers

• Mike Wright, Nottingham University
• Anne Rannaleet, IK Investment Partners
• Sigurt Vitols, Social Science Ce...
PE diversity

• PE   apply different strategies, e.g.
   –   Governance      - Expansion
   –   Focus           - Financin...
PE outcomes

• Increased profitability & productivity
   – Less positive outcomes in recent years?
• Employment and wages?...
PE future

• PE expected to grow
• But more “realistic” expectations regarding
  returns
• Promoting good practice
   – Ma...
Upcoming SlideShare
Loading in …5
×

Debriefing and Access to Finance Plenary - Korpi

357 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
357
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Debriefing and Access to Finance Plenary - Korpi

  1. 1. Restructuring Forum – Debriefing from Private Equity workshop Tomas Korpi, Stockholm University
  2. 2. Speakers • Mike Wright, Nottingham University • Anne Rannaleet, IK Investment Partners • Sigurt Vitols, Social Science Center Berlin • Andrew Watt, European Trade Union Institute Restructuring Forum, July 5-6, 2010, Brussels Tomas Korpi
  3. 3. PE diversity • PE apply different strategies, e.g. – Governance - Expansion – Focus - Financing (debt & equity) – Operations • … and mixes of strategies • PE active in many different contexts, both – industries – countries
  4. 4. PE outcomes • Increased profitability & productivity – Less positive outcomes in recent years? • Employment and wages? – Few studies, but mixed employment effects and lower wage growth • Variability across PE firms and portfolio companies? – Research focused on average effects – But indications of large differences between PE firms
  5. 5. PE future • PE expected to grow • But more “realistic” expectations regarding returns • Promoting good practice – Management practices – Regulation – Employee involvement • Data for research • Looming problems re refinancing of deals?

×