Rotating PE owners and capital structures every few years disrupts companies
André Bourbonnais · André Bourbonnais – Blackrock Long-Term Private Capital (First Meeting, EP.04) · Jul 22, 2019 · at 23:05
André Bourbonnais explains why founder-led companies seek long-term capital partners over traditional private equity funds that require liquidity exits every five years.
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“It's a very disruptive activity for a company to change the partnership, the capital structure.”
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