Brexit

Data from the Electoral Commission shows industry names, including KKR’s Johannes Huth and Warburg Pincus’ Joseph Schull, are not leaving the outcome of the upcoming referendum to chance.

Remaining in the EU would lead to a ‘slow strangulation by legislation and regulation’, the industry veteran told Private Equity International.

As the UK inches closer to a summer referendum on whether to remain a member of the European Union, PEI is polling the industry to find out where it stands on the prospect of ‘Brexit’.

At the Private Equity International European mid-market roundtable, industry heavyweights agreed that a downturn is on its way.

As the public vote on whether the UK should remain part of the European Union nears, Terra Firma founder and chairman Guy Hands has voiced his support for remaining inside the economic block.