Capitalism has lost its mojo, PE investor warns

Swedish author and PE investor Björn Weigel argues that institutional investors hamper innovation-led growth and development, writes Danish news service Finans.
Photo: Bax Lindhardt/Ritzau Scanpix
Photo: Bax Lindhardt/Ritzau Scanpix

Pension and investment funds want to grow, however, they do not want their investments to outcompete other companies in the same line of business. And by that, capitalism has lost its mojo, warns Swedish author, PE investor and advisor Björn Weigel, and according to Finans, he is not afraid to stir the pot.

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