The Business of Making Money.pptVIP

Q: What are “secondary deals”? A: one group sells a firm it has bought to another. According to the article, what factors have helped the development of private-equity firms since 2003? Those factors are: low interest rates, lots of liquidity and rising asset prices What make it impossible for the private-equity model to become the norm for companies? There are several reasons: first, what might be logical for an individual company might not be best for the economy overall. If all companies were to substitute debt for equity on the scale that private-equity firms have, there would be an