CEO Piet Mouton explains how PSG will be nimbler after unbundling
Mouton says a smaller, delisted PSG will be run much like a private equity outfit though its investment philosophy won't change much
PSG Group, the investment holding company that is unbundling its stakes in its chunkier investments and delisting from the JSE, will in future resemble a nimbler private equity-like dealmaker though CEO Piet Mouton says its investment strategy won’t change significantly.
In a Wednesday interview with Business Day, Mouton likened the PSG of the future to a “private equity-esque” buyout firm that will invest in “predominantly early stage” businesses though he said it would retain a company structure and wouldn’t opt for a private equity model comprising general partners (management) and limited partners (investors)...
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