Private Equity Finance – Rise and Repercussions
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Private Equity Finance – Rise and Repercussions
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A history and analysis of the emergence and development of private equity finance in the UK and the USA in the context of changing liquidity conditions since the 1970s.
This book traces the historical rise of private equity finance in the US and UK over the last 40 years. It shows how this new industry has grown as credit markets have grown. It is clearly explained for the non-expert how financial gearing works in a leveraged buyout.
About the Author
JAMIE MORGAN has lived and worked in China, Thailand and the USA. He has published in a wide variety of journals on subjects as diverse as political economy, Chinese areas studies, philosophy, international relations theory and social theory. He is currently researcher at the University of Helsinki, Finland.
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