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We don't look at businesses based on realising asset value," he said.
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But private-equity managers are rewarded on the basis of realising assets.
It's a fine sentiment but in law, it seems, charities must now realise assets, not noble objectives.
Highly leveraged investors have had to realise assets to meet margin calls; investors seeking to move out of emerging markets have sold in the most liquid markets to raise cash.
Some of them couldn't afford to eat out as often after the recession, but others saw what their houses were worth and decided to realise that asset.
As a result, government debt will top £1 trillion next year.Moreover, only about £3 billion of the £16 billion to be realised through asset sales would actually go to pay down debt.
"However, having said that, I still think they are sympathetic to the club being sold as a football club and, in some ways, it might be quicker and easier for them to realise the asset by going down that route".
"Enterprise Inns announced this year the intention to sell almost 300 pubs, the latest in a succession of such three-figure sales as the company seeks to realise its assets".
A bank run is hard to resist, since a bank cannot realise its assets quickly; worse still, doing so by calling in loans may cause economic havoc by prompting bankruptcies and job losses.The Basel accord was designed to deal with a different problem: that big borrowers might default.
They want to realise whatever assets Proview has".
The bad news is that, to realise those assets' full potential, governments have to give them away.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com