Private Equity Wealth: Popstar Flipout

“Private Equity” as a verb is a new way of describing leveraged buy-out, says one presenter below. Basically borrowing money from a bank on private-equity ‘collateral’, so the firm; and its private investors, can acquire and flip an asset. Currently a mega pop-star is flipping out that a Private Equity firm as purchased her library of recordings for $300 million all to themselves.

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