Private equity firms provide financial backing to start-ups and to non-public companies. They invest in the companies which have not opened IPOs (Initial Public Offering) and have not gone public to collect money through the share market.
The money for private equity firms comes from institutional investors such as pension funds, sovereign wealth funds, insurance companies, family offices, high-net-worth individuals, and endowments. The investments are basically characterized…
The pandemic, in the last six months, has made businesses and industries go tumbling down across the globe. Millions of Americans have lost their jobs in the wake of the massive lay-offs across industries led by the economic downturn. But there exists one sector of the economy that has been able to bear the economic consequences of the downfall of the financial markets upto a large extent, and that is Private Equity. (more…)