Sun Capital to cut 10% of workforce
The Florida-based firm joins several other high-profile private equity firms that have cut back on staff to control costs amid recession, including Blackstone and Carlyle. Sun invested alongside Lubert-Adler in US retailer Mervyns, which last year filed for bankruptcy.
21 January 2013•2 mins read
PRIVATE REAL ESTATE
Register to unlock this content
Daily global private real estate news and market intelligence- Expertly curated insights to keep you ahead of the market
- Faster, data-driven decision-making powered by our AI interface, Ask PEI
- Access to proprietary research and reports
- Selected investor strategy and competitor performance data