Monday, January 31, 2005

Lift lid on performance, says venture capital chief

The Sunday Times 30th January- Lift lid on performance, says venture capital chief
"BRITISH buyout firms, which own companies employing a fifth of the private-sector workforce, are willing to open their books to greater public scrutiny, the industry’s leader said last week......Until now, information on the returns generated has been restricted to fund investors. Under the new Freedom of Information Act, they are coming under pressure to report profits publicly. The industry has traditionally restricted this information to its clients."

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