Josh Lerner on Private Equity, Employment, and Management
Jan 17th, 2018 by workcapreview
It’s an age old question across all types of investing: can you have it all?
In other words, can investors get the twin benefits of doing well and doing good? For the various private equity participants, the question has become more urgent over the last several years, particularly around ESG, Environmental, Social and Governance issues. As requirements around doing good increase from politicians, LPs, employees, even GPs, the need for GPs and LPs to deliver it all continues to rise. Put simply, what are the broad, social consequences of private equity investments?