Terra Firma Founder Warns Of 'Massive Transfer' Of Economic Power from West to East - WSJ.com

Terra Firma Founder Warns Of 'Massive Transfer' Of Economic Power from West to East - WSJ.com

"Guy Hands, founder of buyout firm Terra Firma Capital Partners Ltd., has questioned banker pay and warned that globalization is delivering a 'massive transfer of economic power from the West to the East' in his annual letter to investors.

Hands each year sends a topical book to investors and others, including Private Equity News. This year he picked economist Roger Bootle's 'The Trouble with Markets.' ..."

The Private Equity Top 10: Number Five - Private Equity Beat - WSJ : The Return of Risk

The Private Equity Top 10: Number Five - Private Equity Beat - WSJ : The Return of Risk

The Private Equity Top 10: Number Six - Private Equity Beat - WSJ : Dealing with Debt

The Private Equity Top 10: Number Six - Private Equity Beat - WSJ : Dealing with Debt

The Private Equity Top 10: Number Seven - Private Equity Beat - WSJ : Secondary Market Fail

The Private Equity Top 10: Number Seven - Private Equity Beat - WSJ : Secondary Market Fail

The Private Equity Top 10: Number Eight - Private Equity Beat - WSJ : Return of the IPOs

The Private Equity Top 10: Number Eight - Private Equity Beat - WSJ : Return of the IPOs

The Private Equity Top 10: Number Nine - Private Equity Beat - WSJ : The European Equation

The Private Equity Top 10: Number Nine - Private Equity Beat - WSJ : The European Equation

The Private Equity Top 10: Kicking Off The List - Private Equity Beat - WSJ

The Private Equity Top 10: Kicking Off The List - Private Equity Beat - WSJ: China

"nearly half of attendees at the Super Return Asia conference this fall predicted that the Asian private equity market will overtake the U.S. within 40 years."