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

Harvard Business Review

We also know that private equity funds have outperformed public equity markets over the last three decades , even after the fees they charge are accounted for. ” PE firms typically take three types of value increasing actions — financial engineering, governance engineering, and operational engineering.

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

Harvard Business Review

He is no Jim Simons , using his mathematical genius to outsmart the market in (to an outsider) incomprehensible ways. 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. But applied to U.S. But applied to U.S.

Hedge 8
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American CEOs Should Stop Complaining About Uncertainty

Harvard Business Review

He recently announced the next two growth markets for sizeable investment by his group are Iraq and Myanmar. In 1998, Mo was running a highly profitable and stable engineering firm serving European mobile operators. It looks a lot like a frontier market. He's building a $2 billion fertilizer plant in his native Nigeria.