Some Interesting News in the past few days in the PE World:
David Bonderman, head of TPG, joined General Motors' Board of Directors. For details, go here.
Also, MacQuarrie, the Australian investment bank, will raise USD 500 for Indian infrastructure development.
“We will hold the warrant. Every instinct in my body tells me that we will want to hold those warrants until they’re very close to their expiration date. The preferred pays us the dividend and the warrants are going to make us the money.”. Words of Warren Buffett on his investment in Goldman Sachs.
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