PEA Conference: Day Two Highlight Reel
Last week I brought you a live report of "All The News Fit To Blog" from day one of the Dow Jones Private Equity Analyst Conference. Today I’m back with a retrospective round two—highlights of the conference’s second, less action packed day. To recap—we’ve learned that Mr. Schwarzman isn’t too worried about the crisis’ effect on his firm. We learned that at least one oil baron don’t believe oil alone is sustainable. And we learned distressed investors know how to make a rainy day into a storm. On the second day, I got an earful about a fund raising effort, a mystery auction, IFRS, wine, beer, and shots, and the War For Funds. Follow the jump to experience hear what I heard and see what I saw. Featuring contributions from my colleague at Buyouts, Bernard Vaughn.
