Private Equity facts
While investigating facts about Private Equity Firms and Private Equity Fund, I found out little known, but curios details like:
In 2013 a British private equity firm announced the discovery of 216 million tonnes of rare earth elements in North Korea valued at several trillion dollars.
how private equity works?
The current heir to Napoleon's Imperial family is an investment banker who once worked for Morgan Stanley and is now an associate for a private equity firm based in London.
Why work at private equity?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what private equity firms do. Here are 7 of the best facts about Private Equity Associate and Private Equity International I managed to collect.
what is a principal at private equity?
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Romano's Grill, California Pizza Kitchen, Red Lobster, and Bob Evans are all owned by the same private equity firm (which also owns Payless Shoes)
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There's a whisky private equity fund in Hong Kong, which manages a portfolio of more than 3,000 bottles and requires a minimum $250,000 investment
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Private equity firm Bain Capital was behind the destruction of KB Toys, FAO Schwartz and Toys R Us.
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In 1984 Builders Square was bought by Kmart for $88.2mil. 13 years later it was sold to a private equity firm for $10mil who then bought HQ for $100.2mil, merged them all into HQ, went bankrupt, and eventually sold all stores to The Home Depot.
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The most successful private equity groups exchange political favors with politicians in return for contracts, grants, low interest rates, and better returns.
