The chapter delves into the world of growth equity, likened to late-stage venture capital, with a focus on companies experiencing high growth rates of 30-50% annually. It explores the challenges faced due to closed IPO markets and the shifting landscape of exits to strategic buyers over public markets. The conversation highlights the significant growth engines in portfolio companies driven by technological advancements and revolutions in digital interactions, healthcare innovation, and biotechnology.
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Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Economics Reporter Rich Miller break down ECB rate cuts and US jobs data. Bloomberg News Reporters Laura Nahmias and Michelle Kaske discuss the fallout of New York Governor Kathy Hochul’s stunning decision to suspend a plan to charge people driving into Manhattan. Bowling Green State University President Rodney Rodgers and Bloomberg News Higher-Education Finance Reporter Janet Lorin talk about a couple who are gifting BGSU $121 million on the condition that students graduate. And we Drive to the Close with Martín Escobari, Head of Global Growth Equity at General Atlantic.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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