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Alchemy Investors Face Decision on Firm's Future.
- Source :
-
Wall Street Journal - Eastern Edition . 9/8/2009, Vol. 254 Issue 58, pC9. 0p. 1 Black and White Photograph. - Publication Year :
- 2009
-
Abstract
- The article focuses on investors in British private equity company Alchemy Partners who must decide whether to support the prospective new chief executive officer (CEO) of the firm or tell its partners to begin selling down its investments, following the resignation of founder Jon Moulton in September 2009. It says a key man clause in the contract of the company will be triggered by the move of Moulton. It notes that under the clause, investors will be permitted to suspend and end their participation in the fund if the person named as the key man leaves.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 254
- Issue :
- 58
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 44465362