Monday 25 July 2011

Good and evil float capital

Actions in Hellman Friedman - backed Gartmore have more that halved, then a profit warning from the Promethean world Apax backed sent actions towards the South.

But while the recent debutantes may have struggled to adapt to life as a public companies agreed agreement £ 800 m from General Electric Wellstream shows that capital private not all floats end disaster. If you have purchased £ 10 shares in the float-backed Candover then Wellstream in April 2007 you would now be sitting on £ 1 070 - with superior 128pc total performance.


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