Quote Of The Week

“More disclosure of how we operate and more disclosure of how we make money will help the perception of private equity. The poor perception of the industry is partly private equity’s fault. We have not led the debate as well as we should have done, making it harder for us to respond to the criticisms and, in some cases, insults.”

Robin Marshall, partner at 3i, which this winter opened a growth capital office in the U.S. 3i is part of the BVCA, which promotes the interests of the LBO industry in the U.K.