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Private Equity’s New Phase

Harvard Business Review

The types of private equity firms and the approaches to managing these firms has evolved over the last 40 years through three general phases. This phase was loosely called leverage buy out (LBO) from about 1979 to 1990 and included over 2,000 LBOs. In this phase, the acquired property is not just managed, but transformed.

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Research: CEOs with Diverse Networks Create Higher Firm Value

Harvard Business Review

We also found that this greater firm value comes from better corporate innovations and successful diversified M&As. These connections had to be at least senior managers or higher positions to be considered. If this was the case, then we would expect the firm to demonstrate greater innovation.