CITY VIEWS: IS ED MILIBAND RIGHT TO TARGET PRIVATE EQUITY FIRMS?
AARON PAYNE | CONVERGYS
“People shouldn’t be penalised for working hard or being creative, or for using private equity firms to try and build their own businesses and drive more wealth for the country. If you target them, you are going to lose that creativity.”
MICHAEL STEFAN | HANOVER RESEARCH
“It’s a bit unfair to target private equity firms by calling them asset strippers, or to single them out. What about a firm of solicitors or consulting firms involved in restructuring companies that are insolvent? They could be included in the ‘asset stripper’ category too.”
JANE STEVENS | JENRICK IT
“I think that anything that promotes the country moving in the right direction as far as job creation is concerned is a good thing. So if there are companies out there that aren’t working towards that goal then perhaps they do need to be penalised.”
* These views are those of the individuals above and not necessarily those of their company.