Private Equity Quotes

Private equity funds a substantial amount of new businesses and is the source of capital to rejuvenate failing businesses, which are major drivers of job growth in this economy. ~ N. Robert Hammer

In the 1930s, there as a stretch here you could borrow more against the real estate than you could sell it for. I think that's hat's going on in today's private-equity world. ~ Charlie Munger

Most of India's 300 odd news channels are making losses and are dependent on dubious cross holding, black money and dodgy private equity investors, both foreign and Indian. ~ Mohammad Hamid Ansari

We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies. ~ Stephen Pagliuca

If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money. ~ James Surowiecki

There is no denying that downsizing can happen when a company receives private equity funding. It is unfortunate and hard on everyone who is affected. ~ N. Robert Hammer

Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud. ~ Michael Lewis

Get rid of all the cleaners, rubbish collectors, bus drivers, supermarket checkout staff and secretaries, for example, and society will very quickly grind to a halt. On the other hand, if we woke up one morning to find that all the highly paid advertising executives, management consultants and private equity directors had disappeared, society would go on much as it did before: in a lot of cases, probably quite a bit better. So, ~ Owen Jones

It's very hard for individual inventors to get paid. For the same reason that private equity is valuable - broadly, that's a good thing - in the case of patents, many that own them aren't in a good position to take the next step. ~ Nathan Myhrvold

Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed. ~ Bill Gross

I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners. ~ Wilbur Ross

I wanted a CFO with public company experience; I needed an HR department, new office space, and a board which could help me grow the business. Insight, the private equity firm I chose, helped me with all that. ~ Jon Oringer

Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead. ~ Matt Taibbi

Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think he was referring to some of the European banks shedding assets, and the big buyers are probably not going to be big American banks. Someone like Blackstone may have a very good chance to buy those assets, leverage them, borrow up a little bit, and do something good there. ~ Jamie Dimon

In the '70s and '80s, what private equity did is it changed corporate America. It started holding companies accountable, and for the first time managers started thinking like owners. ~ Henry Kravis

We've got to move beyond the idea that the public and private sectors are at odds. Government has to lay the groundwork for private equity to productively invest in things like education. It's a partnership, not a battle. ~ Sebastian Pinera

Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose. ~ Jack Reed

It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are. ~ Kenneth Rogoff

I think good private equity investors create a lot more economic value than they destroy. ~ Bill Ackman

Generally, an indie film in the U.K. is put together much like in the states. We got a tax credit. You sell the domestic rights, which can be quite low, but it's enough to push you over the line. And you get a tax credit on top of that, and then you cobble it together with private equity or gap financing and things like that. ~ Noel Clarke

State funds, private equity, venture capital, and institutional lending all have their role in the lifecycle of a high tech startup, but angel capital is crucial for first-time entrepreneurs. Angel investors provide more than just cash; they bring years of expertise as both founders of businesses and as seasoned investors. ~ Jay Samit

Let's face it, we're skunk drunk and it's because of money. It's almost like we all need to enter Betty Ford Clinic 2.0 together. This time, it's not stock market money but private equity, M&A, VCs and to some degree the reckless abandonment of logic by some advertisers who are perpetuating what is sure to end badly when the economy turns. Hubris is back my friends. ~ Steve Rubel

In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80 per cent of what they were prior to the bankruptcy. The issues which damaged Lehman were around commercial mortgages and illiquid private equity assets. ~ Bob Diamond

It's clear to me when you do private equity well, you're making companies more efficient and helping them grow and become more profitable. That success means our investors - such as public pension funds - benefit, which contributes to the economic wealth of society. ~ David Rubenstein

For most Indians in America, wealth is not inherited. Neither do we make it as heads of large hedge funds and private equity funds. For us to make it to the top, we have to use our knowhow to create great new technology products and build high-tech companies. ~ Romesh Wadhwani

As president of the International Brotherhood of Teamsters, I have seen private equity firms plunder company after company, taking rich fees for themselves and cutting costs until there's nothing left to cut. Time and again I've seen their reckless behavior drive companies to declare bankruptcy. ~ James P. Hoffa

A good default, like Portugal or Greece, would be very good for the private equity business. ~ David Bonderman

Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance. ~ Alex Berenson

Private equity has been the purview of super wealthy individuals and institutions. ~ Michael Lee-Chin

Because sometimes it's better to believe in the impossible. To believe you are a secret agent or a private detective or a superhero and not just a kid with freckled cheeks and gangly arms who is too clumsy to leap a tipped-over garbage can in a single bound.
Until you are lying in the middle of the sidewalk, with a throbbing ankle and bloody chin, wishing you hadn't even tried. ~ John David Anderson

I'm a very shy person towards my intimacy and private life. ~ Charlotte Gainsbourg

I know this, the Federal Reserve is private and the I.R.S. is screwing us. ~ Alex Jones

Our work for peace must begin within the private world of each of us. To build for man a world without fear, we must be without fear. To build a world of justice , we must be just. ~ Dag Hammarskjold

Flickr is no such thing, just as Google is not operating a library. They are commercial enterprises designed to maximize revenue, not defend political expression, preserve our collective heritage, or facilitate creativity, and the people who work there are private employees, not public servants.7 ~ Astra Taylor

Those involved in mental as opposed to physical effort or who carry the responsibilities of management are presumed to require a higher payment for their submission to the purposes of organization than those who render only physical or manual service, however adept or talented that may be.

This is because there is profound difference in the nature and extent of the submission that is made. The person on the shop floor or its equivalent gives more or less diligent and deft physical effort for a specified number of hours a day. Beyond that nothing in principle--not thought, certainly not conformity of speech or behavior--is expected. Of the high corporate executive a more complete submission to the purposes of the organization is usually required. He (or she) must speak and also think well of the aims of the enterprise; he may never in public and not wisely in private raise doubt as to the depth and sincerity of his own commitment. Many factors determine his large, often very large, compensation, including the need to pay for the years of preparation, for the considerable intelligence that is requires, for the responsibility that is carried, and for the alleged risks of high position. As a practical matter, his rate of pay is also influenced by the significant and highly convenient role the executive plays in establishing it; much that accrues to the senior corporate executive is in response to his own inspired generosity. But there is also payment for the comprehens ~ John Kenneth Galbraith

Private religious speech can't be discriminated against. It has to be treated equally with secular speech. ~ Samuel Alito

Stu walked Bennie over to Chris in the chair and parted his hair to reveal some tan little creatures the size of poppy seeds moving around on his scalp. Bennie felt himself grow faint.'Lice' the barber whispered.'They get it at school'. 'But he goes to private school' Bernie had blurted.'In Crandale,New York! ~ Jennifer Egan

I grew up in a very nice house in Houston, went to private school all my life and I've never even been to the 'hood. Not that there's anything wrong with the 'hood. ~ Beyonce Knowles

[I]n a place with absolutely no private or personal life, with the incessant worship of a mediocre career-sadist as the only culture, where all citizens are the permanent property of the state, the highest form of pointlessness has been achieved. ~ Christopher Hitchens

Humanity is the equity of the heart. ~ Confucius

Do not speak glibly of virtue. Nothing shall change-nothing-so long as each individual awaits preferment rather than embodying beneficence in himself; so long as we wait upon the edicts of a government ruled by invested and interested men looking to their private purses; so long as we idle in expectation that all shall be healed, and that we shall somehow be stopped in our career of plunder by an eighteen-hundred-year-old mummy, scarred with the wounds of torture, falling out of the sky or stumbling out of the desert, eyes filled with the tears that we should weep ourselves. ~ M T Anderson

We Brits print banknotes out in Debden in Essex, and have contracted it out to the private sector. Here in the U.S. it is a government operation right in the heart of Washington next door to the Holocaust Museum. ~ Evan Davis

My work sells for £10,000-plus, but my most lucrative piece was a private project that was sold for more than six figures -dollars, that is. The process of the Lego can take weeks, months, or even days. Each one I deliver to specification to each gallery because they want them brought to them fully formed. ~ Nathan Sawaya

Every major war in American history, except the Mexican and Spanish-American, has either led to central banking or resulted from it. Central banking and government have a symbiotic relationship that is often mediated by war. Central banking gives government a way to tap the productive power of the private sector and borrow from the future without the need to rely overmuch on unpopular tax increases. Government gives central banking the extreme profits that derive from immense borrowing to finance wars and other government projects. ~ Mark David Ledbetter

Consider the great Samuel Clemens. Huckleberry Finn is one of the few books that all American children are mandated to read: Jonathan Arac, in his brilliant new study of the teaching of Huck, is quite right to term it 'hyper-canonical.' And Twain is a figure in American history as well as in American letters. The only objectors to his presence in the schoolroom are mediocre or fanatical racial nationalists or 'inclusivists,' like Julius Lester or the Chicago-based Dr John Wallace, who object to Twain's use - in or out of 'context' - of the expression 'nigger.' An empty and formal 'debate' on this has dragged on for decades and flares up every now and again to bore us. But what if Twain were taught as a whole? He served briefly as a Confederate soldier, and wrote a hilarious and melancholy account, The Private History of a Campaign That Failed. He went on to make a fortune by publishing the memoirs of Ulysses Grant. He composed a caustic and brilliant report on the treatment of the Congolese by King Leopold of the Belgians. With William Dean Howells he led the Anti-Imperialist League, to oppose McKinley's and Roosevelt's pious and sanguinary war in the Philippines. Some of the pamphlets he wrote for the league can be set alongside those of Swift and Defoe for their sheer polemical artistry. In 1900 he had a public exchange with Winston Churchill in New York City, in which he attacked American support for the British war in South Africa and British support for the American war ~ Christopher Hitchens

Maybe I'm overly pessimistic, but most of Africa is a continent without much hope for its people ... What [Africa] needs, the West cannot give. ... what Africans need is personal liberty ... [and] guarantees of private property rights and rule of law. ~ Walter E. Williams

If your partner wants to be private, you have to respect that. ~ Billie Jean King

I feel bad because I haven't been able to say anything to the fans to let them no why I've been absent. I'm torn as I'm quite private. I'm not feeling well. I'm having some health issues. So please keep me in your prayers. ~ Avril Lavigne

I can start by telling you you're stubborn and impulsive and prideful. And generous and protective and passionate. In public, you ride like the devil and fill out a pair of buckskin breeches like pure liquid sin, but in private, you behave as though you've joined a monastic order. You're kind to ugly dogs, and you're patient with awkward sisters. Your kisses are sweet. And your life is worth something." She fought back the emotion rising in her throat. "I'll tell you who you are, Rafe. Anytime you find yourself in doubt. And I won't even leave you bleeding. ~ Tessa Dare

In short, then, state companies have most of the assets, fill oligopolistic and thus profitable economic positions, receive virtually all bank credit (and at preferential rates), represent most of the stock market capitalisation and generate most of the profit. Private enterprises constitute most of the companies, provide most of the jobs, dominate exports, represent over two-thirds of economic activity and drive the economy. When analysed, this presents a rather unusual picture and demonstrates why there is a strong lobby against further economic reform. ~ Timothy Beardson

It's important to have your private enjoyments because sometimes that's all we have. ~ Kay Ryan

When we get the private sector going through job creation and growth, then the governments at all level have revenues to do the things that they need to do. And that's why it's so important to get this economy moving, to get jobs created. We can't keep going on with this anemic recovery. ~ Jim Talent

Finally he steeled himself to read the final rule again. He had been trained since earliest childhood, since his earliest learning of language, never to lie. It was an integral part of the learning of precise speech. Once, when he had been a Four, he had said, just prior to the midday meal at school, "I'm starving." Immediately he had been taken aside for a brief private lesson in language precision. He was not starving, it was pointed out. He was hungry. No one in the community was starving, had ever been starving, would ever be starving. To say "starving" was to speak a lie. An unintentioned lie, of course. But the reason for precision of language was to ensure that unintentional lies were never uttered. Did he understand that? they asked him. And he had. ~ Lois Lowry

People who live in private spaces contribute actively to the dilution and corrosion of the public space. In other words, they exacerbate the circumstances which drove them to retreat in the first place. ~ Tony Judt

Excerpt from the Marquis's Mistake by myself.
"So what am I my Lord, an antidote, a bluestocking or on the shelf? I assume it is the last because I should have come out three years ago and am all of twenty and one."
"But you were not out so that doesn't count and I find you extremely desirable so you are far from an antidote. I think you very pretty and my taste has always been considered excellent. You are well educated but have other interests and ride well, so you fail to fit the criteria of a bluestocking. It might interest you to know my grandmother put you top of the girls she invited to her dinner party. Her opinion only confirmed what I had already concluded from examining your notebook and sketches. You eavesdrop and I sneak a peek at other people's private notebooks. You see I think we would be well-matched. ~ Giselle Marks

I loved my time doing 'Private Practice' in Los Angeles, and I was quite challenged and excited to learn about the art of television, but I missed being on the stage. ~ Audra McDonald

The problem is that while some incentives are obvious, many aren't. And simply asking people what they want or need doesn't necessarily work. Let's face it: human beings aren't the most candid animals on the planet. We'll often say one thing and do another - or, more precisely, we'll say what we think other people want to hear and then, in private, do what we want. In economics, these are known as declared preferences and revealed preferences, and there is often a hefty gap between the two. ~ Anonymous

Striped shirts and printed shorts, jeans, and trousers are all items I buy and wear a lot in my private life. ~ Liu Wen

Authority is essential to society, but what we called in King Lear "transcendental" authority, with an executive ruler on top, depends on the ruler's understanding of equity. If he hasn't enough of such understanding, authority becomes a repressive legalism. Legalism of this sort really descends from what is called in the Bible the knowledge of good and evil. This was forbidden knowledge, because, as we'll see, it's not a genuine knowledge at all: it can't even tell us anything about good and evil. This kind of knowledge came into the world along with the discovery of self-conscious sex, when Adam and Eve knew that they were naked, and the thing that repressive legalism ever since has been most anxious to repress is the sexual impulse. ~ Northrop Frye

She had been crying after a routine row with her mother and, as had happened on former occasions, had not wished me to see her swollen eyes: she had one of those tender complexions that after a good cry get all blurred and inflamed, and morbidly alluring. I regretted keenly her mistake about my private aesthetics, for I simply love that tinge of Botticellian pink [3], that raw rose about the lips, those wet, matted eyelashes; and, naturally, her bashful whim deprived me of many opportunities of specious consolation. ~ Vladimir Nabokov

Above all, as the keynote of all Democratic policy, in passing upon any question, let the controlling aim and ambition be to keep the road open for private enterprise and personal initiative. ~ John W. Davis

One opinion I share with the Dadaists is that art-making presupposes a revolutionary state of mind. Assimilating the practice into commodity or symbol of status nullifies its fundamental aims; therefore at the center of my own adherence to to this ranginess in taste is that it doesn't add up to membership in a private club. The differences choose me. There are so many approaches, so many innovative moves, so many oddly shaped ears in the field; may they never sing in unison. ~ C.D. Wright

When Pope Pius XII died, LIFE magazine carried a picture of him in his private study kneeling before a black Christ. What was the source of their information? All white people who have studied history and geography know that Christ was a black man. Only the poor, brainwashed American Negro has been made to believe that Christ was white, to maneuver him into worshiping the white man. After becoming a Muslim in prison, I read almost everything I could put my hands on in the prison library. I began to think back on everything I had read and especially with the histories, I realized that nearly all of them read by the general public have been made into white histories. I found out that the history-whitening process either had left out great things that black men had done, or some of the great black men had gotten whitened. ~ Malcolm X

Jim watched them eat, his eyes fixed on every morsel that entered their mouth. When the oldest of the four soldiers had finished he scraped some burnt rice and fish scales from the side of the cooking pot. A first-class private of some forty years, with slow, careful hands, he beckoned Jim forward and handed him his mess tin. As they smoked their cigarettes the Japanese smiled to themselves, watching Jim devour the shreds of fatty rice. It was his first hot food since he had left he hospital, and the heat and greasy flavour stung his gums. Tears swam in his eyes. The Japanese soldier who had taken pity on Jim, recognising that this small boy was starving, began to laugh good-naturedly, and pulled the rubber plug from his metal water-bottle. Jim drank the clear, chlorine-flavoured liquid, so unlike the stagnant water in the taps of the Columbia Road. He choked, carefully swallowed his vomit, and tittered into his hands, grinning at the Japanese. Soon they were all laughing together, sitting back in the deep grass beside the drained swimming-pool. ~ J.G. Ballard