Re:Private equity bought out your doctor and bankrupted Toys...
by JumpCrisscross on Wednesday June 14, 2023 @12:03PM
(#36327955)
Nobody argued the partners are managing. They’re the ones pulling the arbitrage.
Private Equity partners become board members of the squired companies, some time CEOs, but they don't manage day to day activities of the squired companies.
You can check a company like Francisco Partners which one of the biggest PE firms now. They have another company called Francisco Partners Consulting which helps with the management. The partners are too specialized to become middle managers in the squired companies.