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Keyser Söze

Mark Wilson and the team from the recently shut down Goldman Sachs JB Were private equity group are also planning to have go at raising a fund.

GP

Keyser,

Not sure if your gossip is accurate but ... I LOVED you in The Usual Suspects.

Slowhand

God I hope they don't have another go. The two man guys that ran it both buggered off and are now competing over the good track record, and both blaming each other for the bad. Call it a day for principal investment, GSJBW.

Craig

Might be a stupid question but for the uneducated can you please elaborate what is meant by a "franchise" firm.

GP

Craig,

By "franchise" I mean firms that are not first time managers, but instead have a well-established investment track record and can demonstate team continuity--the guys that built the track record are still there.

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