3 ms·
Sadly not. It sprung to mind because my girlfriend is currently going through the training term at a PE (private equity) firm and I have been lightly flipping t
by robfitz 15y ago
Sadly not. It sprung to mind because my girlfriend is currently going through the training term at a PE (private equity) firm and I have been lightly flipping through her textbooks and training manuals.
PE is about buying under-performing companies, making them more valuable, and then re-selling them. So she's being trained in how to spot a particular type of under-performing which they're in a good position to improve. They have a couple different strategies they are comfortable with, including basic stuff like switching the management to fancier plays like buying one company in a new industry with the intent to use it as a platform to acquire lots of other companies in the same industry and turn on the economies of scale.