Copyrighted Image? DMCA | I love Cory Booker, but he needs to get over it. There is more than one kind of private equity...indeed since the 80's or the time when leverage buyouts were king, private equity has expanded to mean different business forms. Ià ‚¬ „ ve labored over how to explain this in simple terms, so this may read like the most elementary article youà ‚¬ „ ve ever read, but here goes:
Like many corporations, Bain had more than one division for doing business; a venture capital division; a leverage buyout division as well as others. While they are all under the same umbrella, they operate very differently. Generally private equity firms provide working capital to a target company to nurture expansion, new product development, or restructuring of the companyà ‚¬ „ s operations, management, or ownership. That is a far cry from what the Leverage Buyout arm of Bain Capital was doing. |
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At www.thepragmaticpundit.com
At www.thepragmaticpundit.com
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