The Chinese Communist Party has been particularly aggressive on this front, proposing taking a point of equity in top firms and potentially installing party cadres on corporate boards.
To the point of equity, he said there may be a way to offer some equity to the "founder" in the future, but he's still just testing the water to see what picks up.
Overall the FTSE 100 is up 24.06 points at 6215.99. Lee Wild, head of equity strategy at Interactive Investor, said: It's all eyes on Vienna Thursday.
Overall the FTSE 100 is up 65.83 points at 6016.31. Lee Wild, head of equity strategy at Interactive Investor, said: A late surge in share prices yesterday continued in international markets overnight and has spilled over into a second day here.
British Land shares are down 13p at 707p, while overall the FTSE 100 has fallen 19.46 points to 6119.04. Lee Wild, head of equity atrategy at Interactive Investor, said: The FTSE 100's rollercoaster ride continues, starting the week with a quick dive, unwinding an impressive rally Friday afternoon.
"The whole point of private equity funds is to flog off their stakes.
The point of private equity, after all, is to make deals that turn investments into profits — nothing more.
Investors are grumbling that this defeats the point of private equity.Reasons abound for the rise of "secondaries", as the industry prefers to call such deals.
REUTERS The Point of Private Equity | Firms like Bain Capital do not set out to create or destroy jobs, or to improve the lives of consumers, but rather to earn a profit by increasing efficiency, writes the psychology professor Barry Schwartz in a column in The New York Times.
