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Deal Breaker: Investment Giant Bans the Word ‘Deal,’ Imposes $1,000 ‘Fine’ If Said or Written

The private equity firm Partners Group Holding banned the word “deal” on company premises, even sanctioning some of its staff $1,000 for using it.

What Happened: Partners Group Holding CEO David Layton banned the word during an early June meeting, according to a Wall Street Journal report

The $119 billion Swiss private equity firm’s closed $27 billion of what most would call “deals” over the last 12 months, but according to the executive this word has no place on the company’s premises.

Layton explained that banning the word “deal” is part …

Full story available on Benzinga.com

Article: benzinga.com

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