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The paper explores the significant role of private equity in financing businesses, highlighting its rapid growth over the past two decades as a key player in corporate finance. It addresses the challenges companies face in accessing capital from public markets, leading to the rise of private equity as an alternative. The discussion also emphasizes the high-risk and illiquid nature of investments in private equity funds, which operate within a largely unregulated environment, making it a unique asset class for investors.
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Private Equity. Critical analysis from the points of view of investors and target companies, Henning Wenzel
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- 2016
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