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by Havoc 3053 days ago
I'm curious about the questionable PE clients if you don't mind elaborating a little bit. I'm in the PE space myself and haven't seen anything particularly shady? Obviously you can't go into details, but perhaps you can add a bit more colour to the comment?
2 comments

I should probably point out that I only joined all the dots on the gangster bits many years after I left. At the time I only saw legal but morally dubious deals. Basically - if your business generates substantial negative externalities, you're in a very morally grey area.
PE firms buying businesses off gangsters before selling them on fat margin to more established investors. However it was the straight up corporate clients at the firm who were always on Human Rights Watch lists that depressed me most.