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Alchemy Investors Face Decision on Firm's Future.

Authors :
HODKINSON, PAUL
MAWSON, JAMES
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