TITLE

Private Inequity

AUTHOR(S)
Weinberg, Neil; Vardi, Nathan
PUB. DATE
March 2006
SOURCE
Forbes Asia;3/13/2006, Vol. 2 Issue 4, p46
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the buyout of companies by huge private equity firms in the U.S. Blackstone Group president Hamilton James states that private equity funds help companies to improve on their operations and lower the cost of capital for firms that are financed inefficiently. Among the businessmen, reaping riches from buyouts is Blackstone cofounder Stephen Schwarzman. It cites the wealthiest Americans who earned huge profits from the buyouts in 2005. INSET: WISHFUL INVESTING.
ACCESSION #
20957183

 

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