Reported 6 months ago
Ultra-rich individuals and families with over $150 billion in net worth are fueling a resurgence in private equity buyouts, providing capital for major acquisitions despite a challenging deal-making environment. From children's toys to renewable energy, wealthy families have co-invested nearly $20 billion in listed company takeovers this year, assisting firms like KKR & Co. and Silver Lake in closing deals. The participation of private wealth highlights a growing trend in managing investments, with buyout firms increasingly involving wealthy families as capital sources for lucrative deals.
Source: YAHOO