Mrs. Fix-It: Distressed and Turnaround Private Equity Investing
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I’m not particularly proud of the fact that my first brush with distressed investing was in the movie Pretty Woman, in which Richard Gere plays corporate raider Edward Lewis. Lewis buys distressed companies, breaks them apart, and sells the pieces for profit. In the movie, hooker with a heart of gold Vivian (Julia Roberts) asks if his business ventures are like “stealing cars and selling them for the parts.” Gere replies, “Sort of, but legal.”
KeywordsPrivate Equity Business Plan Investment Banking Portfolio Company Employee Group
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