1
|
|
|
It has been suggested that this article or section be merged with Private equity. (Discuss) |
|
|
Please help improve this article or section by expanding it. Further information might be found on the talk page or at requests for expansion. (May 2007) |
A private equity fund is a collective investment scheme (fund) that invests in companies and/or entire business units with the intention of obtaining a controlling interest (usually by becoming a majority shareholder, sometimes by becoming the largest plurality shareholder) so as to be in the position to restructure the target company\'s reserve capital, management, and organizational infrastructure. Once one or more of these objectives are accomplished, the target companies are delisted from public stock exchanges (unless already unlisted), held private, restructured over a period of 3–7 years, and then, again, relisted through an IPO.
Restructuring may be done through leveraged buyouts, venture capital, growth capital, angel investing, mezzanine debt, management share participation programmes and others.
Major investors in this industry includePrivate Equity International\'s First Ever Ranking of P.E. Firms[http://www.peimedia.com/pei50/ Private Equity Top 50. The Carlyle Group, Goldman Sachs Private Equity Group, The Blackstone Group, KKR (Kohlberg, Kravis, Roberts & Co.), Texas Pacific Group, Permira, Apax Partners, Bain Capital, Apollo Management, Hellman & Friedman, Silverlake, TA Associates, and Berkshire Hathaway.
| | This economics or finance-related article is a stub. You can help Wikipedia by expanding it. |
This article is licensed under the GNU Free Documentation License. It uses material from Wikipedia