Private equity executives left a UK parliamentary inquiry on Tuesday seeming happy they had cleared a hurdle by adopting a humble attitude and acknowledging past mistakes. Unlike the hostile interrogations that MPs unleashed on several of their competitors and trade representatives at two previous Treasury select committee hearings, the tone of Tuesday’s session was more conciliatory. Bosses from Blackstone, CVC Capital Partners, Duke Street Capital and Alchemy Partners admitted they had made some errors and promised to do better, and MPs seemed more prepared to take them at their word.

This entry was posted by Gwen Robinson on Wednesday, July 4th, 2007 at 4:50 and is filed under People, Private equity. Tagged with alchemy, blackstone, cvc, duke street. Edit this entry.