Are the major private equity players the new conglomerates?

Are the major private equity players the new conglomerates? Interviewed by Florent Le Quintrec for L'Agefi, Cédric Chateau (Chairman of the Investment Committee Groupe HLD and Partner) takes an enlightening look at these "false twins" to better understand their respective singularities and beware of comparison. Asset classes, investment periods, centralised decision-making, permanent capital, macro-economic trends... read the full article on Agefi (https://lnkd.in/eUFPyeXM).