Leading tech in a PE portfolio company: 5 things you need to know
While the PE industry is not as active as it has been in previous years, what goes down typically comes back up, so CIOs are likely to get calls from recruiters about joining a PE portfolio company sometime soon. Some PE firms buy a portfolio company, replace key leaders (including the CIO) and let the management team figure out how to grow the value of their investment. But these hands-off private equity firms are few and far between. Most PE firms have a deal partner, who made the acquisition happen, and an operating group, whose job is to ensure the management team achieves the value creati...