From Anglo-Saxon times, a 'hedge' has been a green boundary between pieces of land. 'Hedging' or 'hedging in' your property protects it. From the late 17th century, 'to hedge' meant to protect your stake in gambling by betting on the other side. In 1966, one Alfred Jones invented the 'hedged fund', an investment vehicle that used similar techniques to guarantee a positive outcome. Today's 'hedge funds' use the name but may not do any actual 'hedging'. Nor, of course, do they guarantee a positive outcome.
After a management buyout, car valet business MotorClean found private equity backing a double edged sword.
Whether that's a good thing is up to you, says author Steven van Bellegham.
Leadership from a distance requires a careful study of human nature, says L&D specialist Sudhakar Sampath.
Set up shop and they shall come? Not so fast, says private equity investor Chris Hurley.
Moving office? Restructuring? New IT system? Change needn't be painful if it's managed well.
Finding time, living fearlessly and leading at speed are on this month's boardroom reading list.