3 ms·
Some examples of good ones?
by plagiarist 3y ago
Some examples of good ones?
- agentgumshoe 3y agoMaybe Hilton hotels and Dell? There's not many, that's for sure. Unless you count 'success' as the PE firm raking in cash regardless of ourcome
- Ekaros 3y agoDell is still alive for example. It did went private at one point. Not sure if there was net increase in value, but at least it is not entirely dead.
- robertlagrant 3y agoI remember being surprised at it going very well at the time. I don't know if that was accurate, but I can imagine not having the public markets constantly pressuring to be a big benefit.
- JumpCrisscross 3y agoBroadly speaking, buyout performance deteriorates with scale [1]. (Aside: buyout has, overall, a negligible effect on employment [2].) Private equity’s success stories are in the no-name middle market. You know how people are shocked American manufacturing is usually at an all-time high [3]? That’s [4] private equity’s playground. Put another way, headline consumer PE deals tend to be nonsense. [1] https://academic.oup.com/rof/article/16/3/799/1590806 https://academic.oup.com/rof/article/16/3/799/1590806 Figure 2 [2] https://www.nber.org/system/files/working_papers/w17399/w17399.pdf https://www.nber.org/system/files/working_papers/w17399/w173... [3] https://fredblog.stlouisfed.org/2018/02/hows-manufacturing/ https://fredblog.stlouisfed.org/2018/02/hows-manufacturing/ [4] https://www.npr.org/templates/story/story.php?storyId=12571719 https://www.npr.org/templates/story/story.php?storyId=125717...