RT Journal Article SR Electronic T1 Choosing a Turnaround Management Firm JF Trading FD Institutional Investor Journals SP 72 OP 76 VO 2004 IS 1 A1 James C. Ebbert YR 2004 UL http://guides.pm-research.com/content/2004/1/72.abstract AB Many private equity firms, faced with a deteriorating situation in a portfolio company, try to fix it internally. Often that means throwing more money at the situation, often the worst possible solution. These situations require the skills and mindset of a turnaround professional. This article describes the role of a turnaround professional, and how to go about finding the one best suited for the troubled situation.