The announcement of a voluntary code of conduct for UK
private equity has unexpectedly increased political
Initial reaction from politicians and unions is that the
code does not go far enough.
This surprised some. Speaking on the eve of the
announcement, one partner at a US firm predicted that the code
would mollify critics: "The code will have some run-of-the-mill
concessions, but it won't have a great affect on the market,"
she said. "It will do...