The FT goes red top

From the FT this morning, the following newsflash:

It is unfortunate for private equity boss Lyndon Lea that colourful details of his summer party leaked just as his Lion Capital buy-out firm is hitting the road to raise €2bn ($2.5bn) from strait-laced institutional investors.

Potential pension fund backers might have been surprised to read about the party at his Californian beach house last weekend, involving scantily clad Cirque de Soleil dancers and sushi served on the bodies of near-naked women.

One of the 200 guests was quoted in The New York Post as saying the evening’s entertainment featured a woman wearing tassels “sitting in a Victorian claw-foot bathtub with a muscular hunk, clad only in a thong, pouring milk over her”.

Eat your heart out, tabloids…