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What is private equity? It's like a private investing club, where you buy a piece of non-public companies

What is private equity? It's like a private investing club, where you buy a piece of non-public companies

When you hear the words private equity, a few things probably come to mind: palatial estates, sleek suits, private islands, and, well, money. Lots of it. But if you're among those who think only characters from "Billions" or other billionaires can be involved in the world of private equity (PE), it's time to think again.
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