LONDON/PARIS (Reuters) – Disgruntled private equity investors flexed their muscles on Friday, showing embattled buyout firms Candover and PAI Partners they call the shots when it comes to the future of funds and fees.
Crisis-struck private equity house Candover (CDI.L) ditched ambitious plans for its 2008 flagship fund on Friday, shutting off cash supply for further deals, and raising question marks over the firm’s future.
