Abstract
With so little experience, it was inevitable that mistakes should be made in the early LBO deals: buyouts were as likely to generate complete losses as the early venture capital investments. Two approaches to portfolio building emerged during the 1989–1991 period.
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© 2011 Paul Jowett and Francoise Jowett
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Jowett, P., Jowett, F. (2011). The Third Phase: Trial and Error with LBOs. In: Private Equity. Palgrave Macmillan, London. https://doi.org/10.1057/9780230308664_7
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DOI: https://doi.org/10.1057/9780230308664_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-35942-4
Online ISBN: 978-0-230-30866-4
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