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Ep. 1094: Sachin Khajuria Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Is Private Equity a Rebrand From Leverage Byout?

The phrase a rebrand from leverage byout to some degree, private equity encompasses more than just leverage byouts. You have control investments in operating businesses, or early stage businesses that are designed to scale up. A growing class of private equity investments which you could call hybrid capital, or tactical opportunities, which are structured equity. Thoug you have a little bit of downside protection, but you're giving up a bit of upside.

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