Tuesday, February 27

Super Return

Here I am taking a welcome break from the Super Return conference in Germany. I feel in camouflage as the audience is 98% white male wearing same dark suit and hermes tie... 50% with spectacles. A female speaker referencing fund-raising quips: "in this audience, size really does matter." Ar ar. We hear about why mega-funds are better than regional funds, the amount of private equity raised for buyouts, how the industry is transforming Europe for the better and the negative press surrounding above average rates of return - in short, just what one would expect from a mature, wealthy industry. I spend most of my time out of the conference hall catching up with friends and discussing various opportunities.