The founders of the giant coat management of the hedge fund called on large private companies to get out of the shadow and the public brand.
Speaking to the “BG2 POD” podcast that was broadcast on Friday, Thomas and Philip Lavont said that big companies should be more transparent.
“All of these companies must be offered in public,” said Thomas Lavont.
He frame the issue as partially ideological, saying that there is a “democratic element” of public design as “the creation of wealth belongs to the public market.”
Comments A dominant direction point in recent years: companies, which are fed by billions in Special stocks, Investment capital, private credit, remain special Many longer.
While private companies are subject to lower regulatory control, the public can benefit from it beyond accessing public funds.
He said: “This may be a specific event for the company’s brand, for your product, to your employees, while giving the level of transparency to your customers that you are well, and that you have a public budget for the castle, and you can bear the organizational audit that comes.”
Philip Lavont agreed, although he confessed to the defects of public market mechanics such as a mark accounting to the market.
He said that the balance between public and private markets is healthy, but only somewhat.
“I only think that these great private companies, if you are not ready to present yourself to sunlight and a ray of light from public markets, you will get them through an organizational agency,” he said.
Not all investors hold private companies in a preliminary general offer or the first appearance of the public market.
In a march, Peter Sinfrest, head of private companies at the British Investment Management Company, Billy Jefford, said in a march that companies can build better business by staying special for a longer period.
“You can make people own your shares for all kinds of reasons that deal with what you are trying to do as a company,” said Sendhurtes. Like Coature, Baillie Gifford has a variety of public and private investments.
“All of your competitors get to know everything about your work because you should tell your shareholders to a large extent about your work,” he said.
