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A comment on Private Equity Wants in on the Bailout? Spare Me.

Re:Private Equity Wants in on the Bailout? Spare Me by leveredequity on Friday April 03, 2020 @01:35PM (#22771955)
It's not about bailing out the investments, but about preserving jobs. Fine, attach restrictions for taking bailout capital, but that should be the purpose.
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Re:Private Equity Wants in on the Bailout? Spare Me by skitout on Friday April 03, 2020 @01:49PM (#22772115)
You can get different types of "bail out" for different types of companies... It can be "much more expensive" for private equity firm than "normal" SME... You save as many jobs and you save a lot of taxpayers money
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Re:Private Equity Wants in on the Bailout? Spare Me by leveredequity on Friday April 03, 2020 @02:01PM (#22772253)
My point is no need to target preservation of equity value but instead ensure those facing job loss are supported. However, the current legislation doesn't allow portfolio companies to take bailout capital as a result of restrictions based on portfolio companies being "affiliates" of one another. Similar issues are faced by VC portfolio companies.
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