Question:
What are Private Equity Firms? (The Blackstone Group)
Author: eric_galvaoAnswer:
-They give Investments to Firms (via buying Equity) and then make a Maximum Return -For Example, they help a Firm get so Successful that it gets sold for a Profit -They are Criticized for Asset Stripping and Cutting Jobs
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eric_galvao![eric_galvao](https://lh5.googleusercontent.com/-VcvAufixQC8/AAAAAAAAAAI/AAAAAAAAAAA/AMZuuclTgbVcwbkN34cKx-XDycscqf7VNg/s96-c/photo.jpg)