Mar 24, 2007

Private Equity firms on a roll

Are PE firms the new strategic consultancies?

Seems so, looking at how Warburg Pincus has chosen McKinsey's Leo Puri as one of its MD in Mumbai (hat-tip: VCCircle)

So what do Private Equity firms do?

According to the wikipedia:

Private equity firms typically manage a family of fund vehicles which are used to make investments in companies or other assets. These funds can be structured in a number of different ways although the most common form for an institutional private equity fund is either the Limited Partnership (LP) or the Limited Liability Company (LLC).

Given a choice, dear reader, where would you work? Consulting firm or a PE firm?