Private equity and corporate power
From time to time, all kinds of interesting documents cross our desks at AVCJ. One such recent one was a fundraising proposal from a prominent, high-profile and rapidly expanding Asian branded business, seeking to raise a follow-on private equity fund for investment into its business sector.
Although dressed up with all the proper private equity trappings, the fund soon outed itself as a fundraising vehicle designed to accumulate capital for the parent company’s development pipeline, and...
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