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A start to a more important part of the economy - anyone want to continue?
'''Private Equity''' refers to the non-public ownership of [[equity]]. As such the organization is not listed on a [[stock exchange]] and is not regulated like public [[mutual fund|mutual funds]].
Private Equity Funds are usually open to the very rich who can afford a large buy in cost, and can be quite risky placing large sums of money to buy out companies (such as the [[Chrysler]] Group) and then either turn them around. It is difficult to determine the return from a Private Equity firm because they do not provide annual reports and each fund is different, but some investors have made as much as 30% per year.
[[Category:Economics]]
Private Equity Funds are usually open to the very rich who can afford a large buy in cost, and can be quite risky placing large sums of money to buy out companies (such as the [[Chrysler]] Group) and then either turn them around. It is difficult to determine the return from a Private Equity firm because they do not provide annual reports and each fund is different, but some investors have made as much as 30% per year.
[[Category:Economics]]