I. PRIVATE EQUITY INVESTMENTS 1. HISTORY OF PRIVATE EQUITY– ♦ Private Equity (here-in-after referred to as “PE” for brevity purposes) has hoarded the mainstream spotlight only in the last three decades. ♦ JP Morgan is said to have conducted the first leveraged buyout (LBO) of Carnegic Steel Corporation. ♦ PE firms remained on the sidelines of the […]
