Meaning of private equity | Babel Free

Definitions

1. Capital stock in a private company that does not offer stock to the general public.
   countable, uncountable
2. An investment fund that specializes in buying companies in order to restructure and then sell them with a profit.
   countable, uncountable

Examples

“Spain’s La Liga has agreed a €2.7bn (£2.3bn) deal with CVC that could see private equity involved in the running of a large European football league for the first time.”

“American private equity tycoons are profiteering from the global climate crisis by investing in fossil fuels that are driving greenhouse gas emissions, a new investigation reveals.”

“This was driven by a scramble for yield among pension funds, insurance companies and endowments during a decade of historically low interest rates in the aftermath of the global financial crisis of 2007-09. Many have more than doubled their allocations to private equity.”

“Private equity — the industry responsible for bankrupting companies, slashing jobs and raising the mortality rates at the nursing homes it acquires — is making money by gobbling up the rights for old hits and pumping them back into our present.”

CEFR level