Venture Capital’s Dark Cloud

Venture Capital’s Dark Cloud

The best time to invest is often when most other investors are heading for the exits, selling out at rock-bottom prices. Yet with Argentina, once a favorite stomping ground for private equity investors, at the edge of default and the world economy headed for recession, there is little appetite among investors for playing the contrarian. Goldman Sach's $500 million investment in the Clarin media group marked the apogee of private equity investment in Latin America Says Tim Purcell, general partner in JP Morgan Capital Partners, "Some investors today are wondering if it is worth pursuing this activity. Th

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