FORMER socialist prime minister Felipe Gonzalez has launched a private equity firm.
The former politician, along with 14 other executives, has raised 150 million euros to invest in small and medium-sized companies throughout Spain and Latin America.
Gonzalez, who is also business partners with Mexican billionaire Carlos Slim, will focus the firm’s attention on science and IT industries.
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I wouldn’t trust him to run a whelk stall.