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Article: Focus: Peits.
- Article from:
- Investment Adviser
- Article date:
- September 7, 2009
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: John Newlands
Investors in private equity are helping to make today's companies the industrial giants of tomorrow, therefore boosting the economy for future generations
It is a concern that private equity has such a bad name. People tend to associate it with the blaring press headlines of failed mega-cap deals. The wider reality is not just far less grandiose, but the very lifeblood of a successful economy.
Many advisers will be familiar with the 'funding gap' often experienced by small and medium-sized businesses. Budding entrepreneurs tend to find their bank manager will lend them GBP20,000 against their house to get going, while ...