特别是,私募股权是未在证券交易所公开交易的公司中的一种股权。尽管在最近一段时间,人们一直在使用私人资本(通常是通过杠杆收购)来利用资本收购公司,以重建公司,’创造附加值并随后出售业务以获利的商业模式。所以现在‘private equity’通常称为购买和精简私营公司的投资基金。
Large 私人产权 firms will at times even take a publicly traded company private and then later take it public again on the stock exchange after creating more value in the company’s operations. A 私人产权 fund is almost always set up as a limited partnership.
The majority of 私人产权 investments are made by venture capitalists, angel investors, and/or a 私人产权 funds. The capital is supplied in exchange for a 私人产权 stake in the company (A percentage of ownership). The goal of these types of investors is to give a private company the much needed capital to expand its business and grow in sales and market share and increase the company’s value.
Investments in 私人产权 is a very risky investment as the value can go to zero. Private equity investments can have hundreds or thousands times the return on the original investment of capital if the company is successful and eventually goes public with an 首次公开募股 (IPO). Most 私人产权 investors look at an 新股发行 as their exit strategy once their lock up period ends.
Private equity works because the reward is worth the risk and most 私人产权 investors have diversified across many companies and they just need one to make all the positions pay off.