FIG Private Equity: How to Navigate the Undiscovered Country

FIG private equity might sound like a contradiction or an impossibility. After all, “everyone” knows there isn’t much private equity activity in the financial services sector. If a PE firm acquires a certain percentage stake in a commercial bank, it gets classified as a “ bank holding company ” in most countries… which translates into heaps of new regulations and restrictions on the firm’s activities. Plus, most banks and insurance firms are already highly leveraged, and you can’t use standard m