Growth capital woos unhappy buyout investors
Date: March 31, 2010
Private equity firms which aim to take minority stakes in companies, rather than debt-laden controlling stakes, are taking advantage of investors’ dissatisfaction with recent low returns from buyouts to land more funding and make more deals with entrepreneurs. The fundraising market remains tough, said John Bernstein, managing director at General Atlantic. But the growth capital, or growth equity, sector will take a larger slice of the overall private equity pie.
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Source: Reuters
