MICHAEL POWELL JOINS PRIVATE EQUITY FIRM

Almost following in the same path as his father, Michael Powell has joined Providence Equity as an advisor:

Providence, which focuses on media, communications and information companies, said its principals manage funds with more than $9 billion in equity commitments.

"Michael will advise us on some of our current investments and will assist us in identifying and pursuing new opportunities in his areas of expertise," said Providence Chief Executive Officer Jonathan Nelson. (full article)