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	<title>Comments on: Valentino: Fashioning change from private equity</title>
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		<title>By: Gerald Joseph</title>
		<link>http://www.businessoffashion.com/2007/07/valentino-fashioning-change-from-private-equity.html#comment-635</link>
		<dc:creator>Gerald Joseph</dc:creator>
		<pubDate>Wed, 05 Sep 2007 19:28:23 +0000</pubDate>
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		<description>Excellent post--too bad very few financiers understand the foreplay involved in making investments. I think the culprit may be a disconnect between the LP&#039;s and managers of private equity firms. LP&#039;s rights may become a higher profile issue somewhere down the road--money managers often act recklessly &quot;chasing deals&quot; and trying to &quot;put money to work&quot; without sticking to the commonsense fundamentals and basics of investing.

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		<content:encoded><![CDATA[<p>Excellent post&#8211;too bad very few financiers understand the foreplay involved in making investments. I think the culprit may be a disconnect between the LP&#8217;s and managers of private equity firms. LP&#8217;s rights may become a higher profile issue somewhere down the road&#8211;money managers often act recklessly &#8220;chasing deals&#8221; and trying to &#8220;put money to work&#8221; without sticking to the commonsense fundamentals and basics of investing.</p>
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