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Topic: carried-interest

The City of London financial district skyline
Companies
Friday, 6/26, 06:36 PM

What Is Private Equity, and How Does It Work?

  • Private equity firms raise giant pools of money, buy companies, try to make them more valuable, and sell them years later.
  • The industry now controls trillions and touches everything from hospitals to housing.
  • Here's how it works.

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