Wednesday, May 2, 2007

What do you mean by "Back in the game?"

First of all, the headline is a misnomer. Former EOP chief Richard Kincaid is not back in the game, he's in the process of getting back into the game. And he will, and he'll succeed; he's a talented guy.

Given his comment yesterday at the Four Seasons that public companies are likely to continue to lose talent to privately-held funds, my bet is that he'll go to private equity or start his own fund, although you never know. I think there's at least one major IB opportunity out there in New York, so maybe that opportunity is out there if Kincaid desires. If I were him, I'd do my own fund. Being your own boss, regardless of where, is a good thing.