Audio interviews with industry leaders and senior faculty with exclusive insights on current topics brought to you by [email protected] and the Wharton School of the University of Pennsylvania.
May 31st, 2012
Episode 40 of 882 episodes
The general approach towards private equity investments has shifted substantially, in part to conform with the tougher market conditions prevailing after the financial shocks of the last few years. Gone are the days of earning profits largely through financial engineering and rapid portfolio turnover. In their place — business transformation — where investors park their money for longer terms and generally rebuild under-performing companies. Wharton professor Stephen M. Sammut and Philip Bass, global private equity markets leader at Ernst & Young LLP, discuss the new landscape in this [email protected] podcast. They also take a look at the similarities — and differences — between private equity specialists and entrepreneurs. Ernst & Young: Private Equity Heads Down a New Path