Not the Time to Hamper Entrepreneurs
Date: October 29, 2010
Private equity, a sector which has demonstrated its ability to take moribund businesses and improve their performance, is about to have its room to maneuver significantly curtailed. The European Parliament and Council have this week reached agreement on the Alternative Investment Fund Managers (AIFM) Directive, guaranteeing that next month it will be passed by the European Parliament.
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Source: Wall Street Journal
