"Do you want to have a pipe at my place tonight, Ian?"
"Sorry Ted, I've got to go out and engage in some Euro Equity"
"Sorry Ted, I've got to go out and engage in some Euro Equity"
by Ted September 3, 2003
by Erik Madsen November 12, 2004
(FINANCE) business entity formed to pool money provided by investors in order to buy majority stakes in existing companies. A common practice is to then "take the company private," so that it no longer has shares trading on the stock market. The company is then restructured, so that it has entirely different management practices, or a different business strategy. Afterward, the PE fund will most likely re-sell the company on the stock market in a sponsored IPO.
Private equity funds are usually limited liability partnerships (LLPs), which gives them special privileges of nondisclosure; most are organized in the State of Delaware. PEF's have sponsors, or "principals," who are responsible for organizing the fund and recruiting other investors.
Among the best-known PE funds are Blackstone Group*, Kohlberg Kravis Roberts (KKR)*, Goldman Sachs Capital Partners*, Carlyle Group, Permira, Apollo Management, Providence Equity, TPG Capital, Warburg Pincus, and Cerberus. Companies marked with an asterisk (*) are publically listed corporations; most PE funds are pivately managed. The selection above includes the largest ones by capital under management.
Private equity funds are usually limited liability partnerships (LLPs), which gives them special privileges of nondisclosure; most are organized in the State of Delaware. PEF's have sponsors, or "principals," who are responsible for organizing the fund and recruiting other investors.
Among the best-known PE funds are Blackstone Group*, Kohlberg Kravis Roberts (KKR)*, Goldman Sachs Capital Partners*, Carlyle Group, Permira, Apollo Management, Providence Equity, TPG Capital, Warburg Pincus, and Cerberus. Companies marked with an asterisk (*) are publically listed corporations; most PE funds are pivately managed. The selection above includes the largest ones by capital under management.
The private equity fund first appeared in the 1970's as a result of changes to ERISA. Institutional investors, usually pension funds, could be legal partners in an LLP; they also required a place to park assets with very high rates of return.
In the USA, PE funds have long been sinecures for the most powerful political dynasties: the Rockefellers, the Romneys, the Bushes, and others.
In the USA, PE funds have long been sinecures for the most powerful political dynasties: the Rockefellers, the Romneys, the Bushes, and others.
by Abu Yahya September 1, 2010
A society's responsibility that all of its citizens are digital literate in the context that digital literacy is required 21st Century skill and society is responsible for the fair, just, and equitable treatments of its citizens. An extension of H. George Fredrickson's theory of social equity (that those in public administration are making the mistake that citizen A is the same as citizen B; ignoring social and economic conditions) but applied to digital literacy. Digital social equity ensures that a sufficient commitment of digital literacy resources be distributed to groups that experience discrimination and social inequity so that all members of society are digitally literate and able to use and access the Internet as an integral component of their lives.
The U.S. National Broadband Plan recognizes the importance of digital social equity through its recommendation of closing the digital divide and the goal that all Americans have access to broadband, be digitally literate, fully participate in a digital economy, and receive the benefits of broadband enabled information and services.
by MsSage November 29, 2010
trading in a vehicle when the amount still owed is greater than the value of the vehicle. (negative equity)
by financeman1950 October 24, 2009
by BigZac January 17, 2016
Equity marketing inc was the name of the company that made scooby doo action figures from 1999-2003. It was later changed to POP rocket los Angelas. They are currently called character options inc. based in the UK.
by DecoSuperman July 23, 2021