The Harvard and Yale university endowments are among a group of investors that has blocked a deal agreed by a German buy-out fund, highlighting how the balance of power in the private equity industry is shifting back to investors. In a microcosm of the tensions spreading across the industry, a group of investors in Nordwind Capital, including Harvard and Yale, pushed back against a deal by the Munich-based private equity group that raised a €300m debut fund in 2004.

This entry was posted by Paul Murphy on Monday, July 20th, 2009 at 5:43 and is filed under Private equity. Tagged with harvard, Nordwood, Yale. Edit this entry.