INSIDE YOUR BUSINESS – How does private equity work?

GUEST – Kondi Nkosi, Country Head for Schroders in South Africa<br /> <br /> Whether you realize it or not, many of the goods, services, and products you use every day are from private equity-backed companies. Grabbing dog food at PetSmart? It's private equity-backed. Picking up Arby’s or Panera Bread on the way home? Yep, those are PE-backed, too. Looking into your family history with Ancestry? PE is all around us all the time. But what exactly is private equity? A foundational concept for anyone interested in learning about—or working in an industry tangential to—the private markets, this article breaks down the basics of PE.<br /> <br /> Private equity (PE) firms buy unlisted companies with the aim to increase their value. After a few years, they will sell them, creating a profit for investors. <a href="http://www.kayafm.co.za/">Kaya FM </a>