article thumbnail

Private Equity Can Make Firms More Innovative

Harvard Business Review

And a recent working paper out of the Dusseldorf Institute for Competition Economics ( DICE ), a think tank of sorts, focuses on the latter by exploring whether leveraged buyouts (LBOs) make firms more innovative. PE investors don’t typically invest in firms known for innovation. that didn’t undergo buyouts.

LBO 8
article thumbnail

Private Equity’s New Phase

Harvard Business Review

This phase was loosely called leverage buy out (LBO) from about 1979 to 1990 and included over 2,000 LBOs. a condo development, apartment building, or golf course). But the planned urban development PUD also has shared infrastructure and systems that enable the community to operate (e.g.,

LBO 8