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Carlos Slim Helú (Spanish pronunciation: [ˈkaɾlos esˈlin eˈlu; - esˈlim -]; [ 1 ] born 28 January 1940) is a Mexican business magnate, investor, and philanthropist. [ 2 ][ 3 ] From 2010 to 2013, Slim was ranked as the richest person in the world by Forbes business magazine. [ 4 ][ 5 ] He derived his fortune from his extensive holdings in ...
Each year Private Equity International publishes the PEI 300, a ranking of the largest private-equity firms by how much capital they have raised for private-equity investment in the last five years. [1] In the 2024 ranking, Blackstone Inc. retained top spot back from KKR. [2]
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [3]: 45–56 [4] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "Petros", or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word, respectively) means "stone" or ...
e. Private equity (PE) is capital stock in a private company that does not offer stock to the general public. In the field of finance, private equity is offered instead to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage, "private equity" can refer ...
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A private equity firm or private equity company is an investment management company that provides financial backing and makes investments in the private equity of startup or an existing operating company to make a profit on its investments. This is done by the private equity firm raising funds to invest in private companies that have not been ...
Konecranes Oyj is a Finnish company, headquartered in Hyvinkää, which specializes in the manufacture and service of cranes and lifting equipment as well as the service of machine tools. Konecranes is one of the largest crane manufacturers in the world [3] and it produces about one in ten of the world's cranes, [4] of which around 80% are for ...
Graph (based on data from the World Bank) showing the proportion of the world's population (blue) and the absolute numbers of people (red) living on <1, <1.25, and <2 US dollars a day (2005 equivalent values) between 1981 and 2008. Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian ...
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