Summary of Robert Finkel & David Geisingr's The Masters of Private Equity and Venture Capital

Please note: This is a companion version & not the original book. This title has been generated using AI Audio.

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#1

The private-equity industry consists of a group of firms that use their own money to purchase companies and attempt to improve their performance. They accomplish this by implementing management techniques and tactics to enhance firm performance.

#2

The amount of capital committed to private equity funds has grown exponentially over the past quarter century. Private equity enjoyed its first boom during the 1980s, and by the late 1990s, the amount of capital committed to private equity was at an all-time high.

#3

Private equity involves taking a company that is publicly traded and making it private, thereby giving the managers more control and flexibility.

#4

The third technique is known as governance engineering, and it refers to the increased involvement of private equity firms in the governance of their portfolio companies compared to the board of directors of public companies.