"Certainly it speaks well of the private equity firms' ability to make a solid return".
The column also summarizes several other studies that demonstrate the value created by private equity's ability to better align the interests of owners and managers – namely, more efficient use of capital and better corporate governance.
That means, the study said, that they pay little attention to the documentation from entrepreneurs about their academic credentials, work or start-up experience, previous success in raising equity capital, ability to form a top-notch management team or even how much money they want.
Eventually, the interest rate spread will grow wider, reducing private equity's ability to generate huge returns on leveraged investments.
The equity's ability to overcome this potential options-related resistance is a testament to its strength and a harbinger of smooth sailing ahead.
Toro's strong brand and competitive positioning helps it earn a perfect score from my Buffett-inspired stock screening model, as well as its earnings consistency and predictability, average ten-year return-on-equity, and ability to pay off all debt with earnings in less than two years.
Her recent books include Ability, Equity, and Culture (with co-author Kathleen King Thorius) published by Teachers College Press in '14 and Equity on Five Continents (with Alfredo Artiles and Federico Waitoller) published in '11 by Harvard Education Press.
The fee, usually about 3percentto5percentcent of the total value of a deal, gives private equity firms the ability to walk away at any time and for any reason.
"We seek not just legal equity but human ability, not just equality as a right and a theory but equality as a fact and as a result".
A growing body of research shows that progress on gender equity builds the ability of individuals, communities and systems to survive and thrive through such crises.
