The Last Post: Rugby raider faces a tricky conversion
CVC’s stake in the Six Nations may end the tournament’s free-to-air status
Private equity partners and managers are known for their soaring return on investment (ROI) numbers, but like anyone who holds capital in a low-yield world, they have to get that capital out the office doors and quickly into more productive hands. Capital sitting on the sidelines, known as ‘dry powder’ in the industry, needs to move even in a world of where everyone is getting easy money and asset prices are rising.
CVC’s ...