Quote of the Day

From last week's Buyouts South conference in Boca Raton, Florida: "You can tell how bad the fundraising market is by looking at the number of ties in this room. When’s the last time you came to a conference in Boca Raton, Florida and saw this many people in suits?” -Christopher Stringer, a managing director with Private Advisors, where he is responsible for private equity manager research, due diligence, selection and monitoring. Stringer was, incidentally, not wearing a tie.

1 February 2010•1 min read
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