Article: The economics of private equity investments: symposium summary.

This Economic Letter summarizes proceedings of a symposium held at the Federal Reserve Bank of San Francisco on October 19, 2007, sponsored by the Bank's Center for the Study of Innovation and Productivity (CSIP). The symposium brought together academic researchers and private equity practitioners, including representatives of private equity firms, investors in private equity, and lenders. Presentations are listed at the end, and some are available at http://www.frbsf.org/csip/research/symposium200710.pdf

Private equity investment, particularly related to the purchase of private and public firms, has been a central component of so-called leveraged buyouts (LBOs) over the ...

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