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What Private Equity Investors Think They Do for the Companies They Buy

Harvard Business Review

What have been less explored are the specific actions taken by private equity (PE) fund managers. In a survey of 79 PE firms managing more than $750 billion in capital, we provide granular information on PE managers’ practices and how firms’ strategies relate to the characteristics of their founders.

CAPM 8
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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

billion in 2013, making him the fifth highest-paid fund manager in the land. r>g: Economist Thomas Piketty’s formula for spiraling wealth inequality, in which the rate of return on capital is higher than economic growth, has its critics. Icahn won that playground tussle. He’s been winning a lot of them lately.

Hedge 8