This NYT DealBook article discusses the quandary that private equity executives find themselves in, as Mitt Romney's high profile due to the Republican primaries places the spotlight on the private equity industry. (As one of the founders of Bain Capital, Romney has a very successful track record in private equity.) Excerpt:
It was a long-held fear of Wall Street’s private equity titans. If Mitt Romney won the Republican nomination in 2012, the industry would come under intense scrutiny and withering attacks from his opponents.
As Mr. Romney has established himself as the front-runner in the large Republican field, those fears have come to fruition.
