Part 3/11:
The Role of Private Equity in the Modern Economy
The enormity of private equity's influence cannot be overstated. Once niche investments, these firms have transformed into formidable players with an estimated control of over $13 trillion, according to a report from McKinsey and Company. This growth results not from their investment 'magic,' but a landscape that has allowed consolidation to flourish due to dwindling public company offerings.