Buyout houses told to plan ahead for succession

Investors are pushing for early decisions about the next leaders as they scrutinise handover plans

Monday 17 March 2014 at 17:00

Inheritance and succession are issues that have led to wars and infighting throughout history. In private equity, a relatively nascent industry, the challenge is no different and investors see succession plans as key when looking at new funds.

Graeme Gunn, a partner at investor SL Capital Partners, said: "Investors don't like surprises. Handling succession in a measured way is crucial, and investor advisory boards want to be engaged in the process."