Commentaries

Moulton’s parting shot at Alchemy

Real Business is running a copy of what it says is Jon Moulton’s resignation letter from Alchemy.

It is full of wonderful nuggets about the private equity boutique he set up in 1997 and gives insight into a wider malaise in financial services.  Moulton is not saying if the letter — which is addressed to investors — is authentic.

The letter’s parting words capture the tone: “I would do it again – but better“.

(Photo: Reuters file photo)