The following is adapted from The Private Equity Playbook. You’ve built a business over many years and have finally decided you’d like to sell your company. You speak to trusted friends and personal advisors about how you should go about doing this (perhaps your...
The following is adapted from The Private Equity Playbook. Let’s start with the concept of a mutual fund. A mutual fund aggregates money from a variety of investors and pools that money together. A fund manager decides what stocks to buy with the money. The funds have...