What Private Equity Investors Think They Do for the Companies They Buy
Harvard Business Review
JUNE 18, 2015
” PE firms typically take three types of value increasing actions — financial engineering, governance engineering, and operational engineering. These value-increasing actions are not necessarily mutually exclusive, but it is likely that certain firms emphasize some of the actions more than others. (We In operational engineering, PE firms develop industry and operating expertise that they bring to bear to add value to their portfolio companies.