When people hear the term private equity, they are often unsure what it means but can sense that whatever it is, it’s above their pay grade. And in most cases, they are absolutely right.
Private equity refers to funds raised in the private sector to purchase an ownership stake in a company. Private equity firms pool funds from wealthy investors to make targeted improvements to a company in an effort to increase its value and sell it at a profit. Many private equity firms require a minimum investment of $250,000, a figure higher than most people have in their rainy day fund. Private equity deal management software is essential in the daily management of these million-dollar investments.
In addition to … Read More
