Wall Street Journal article by SKEMA US academic director
Published on 29 June 2020
Mohamed Desoky, academic director of SKEMA's US campus, has an article published in the Wall Street Journal, June 21, about how private equity can help in rebuilding the coronavirus-battered economy and save jobs.
The article is titled
Bad Economy? Unleash Private Equity.
Pictured: Mohamed Desoky
The coronavirus pandemic has stifled the US economy, where stalling businesses and unemployed workers have found relief primarily through federal funds. However another resource in private equity has been dismissed despite $2.5 trillion of uninvested capital sitting idly on the sidelines. Desoky's provocative op-ed in the WSJ proposes an alternative to federal relief, pivoting to financial sponsors for helping Americans get back to work.
The article is published here (paywall)