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MC

Great to see you back GP.

So what's this about ANZ private equity being closed down? Any chance you put up a new post on the details?

GP

Hi MC,
ANZ announced a review of the private equity business back in September, and business head, David Tonuri, resigned at that time.

I don't know if ANZ has formally announced the outcome of the review yet, but my friends at the bank tell me the business is being wound down.

See relevant article: http://business.theage.com.au/business/anzs-opus-after-opes-to-hit-home-20081005-4ub2.html

Regards
GP.

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