Collectively, private-equity-owned firms make up a powerful economic force. In the US, they generate about 5% of GDP and in 2019 employed almost 9 million people. So in the push for business to increase diversity, equity, and inclusion (DEI), these firms could make a big difference. Yet...
French production and sales outfit mk2 films has signed a multi-year financing deal with the Finnish private equity fund Ipr.Vc to bankroll a slate of new projects, the two companies unveiled on Thursday.The new capital will come in handy for mk2, which is looking to build on recent cross...
“The oft-stated purpose for foreign capital deployment is to seek higher returns, improve diversification, reduce aggregate return volatility and hedge loss of purchasing power of (the) home currency,” said Stephen Johnston, a private equity manager and director ofOmnigence Asset Management. “The...
“Everyone wants to work at Goldman Sachs,” she says. The analyst role at Goldman, an entry-level position, is one of the most coveted jobs on Wall Street. This position, which typically goes to executives in their early twenties, can lead to careers in finance, in private equity, or ...
In the latest episode ofEY.ai podcast series, we explore GenAI risk and governance withAbbas Godhrawala, Partner, Risk Consulting at EY India. Join us as he shares insights on the transformative potential of GenAI and how to implement essential strategies to manage risks and ensure ethica...
Which currency has the highest value in the world? What is the world’s total wealth? Different Types of Money Generally, different types of money are classified as “M”s. They range from M0 (narrowest) to M3 (broadest), depending on the policy formulation of the country’s central bank...
Using Home Equity: For investors who are homeowners, one good method to finance a real estate investment property is by utilizing home equity. Home equity loans or lines of credit (HELOCs) permit the homeowner to borrow money against the value in their current property. This can deliver a la...
While the private equity (PE) industry may have enjoyed remarkable growth in recent years, it has to contend with a challenging economic landscape that requires careful attention. Central to this is the role played by the tax and finance functions – not least because of evolving global regulatio...
In the equity market, investors bid for stocks by offering a certain price, and sellers ask for a specific price. When these two prices match, a sale occurs. Often, many investors are bidding on the same stock. When this happens, the first investor to place the bid is the first to ge...
both Brian and Carla do not qualify due to additional liabilities tied to their primary residence. In Brian’s case, he has a $100,000 home equity line that boosts his liabilities and drops his net worth below $1 million. Meanwhile, Carla’s ...