Development Leveraged Buy-out Management 
Harvard Business Review
AUGUST 9, 2016
The types of private equity firms and the approaches to managing these firms has evolved over the last 40 years through three general phases. This phase was loosely called leverage buy out (LBO) from about 1979 to 1990 and included over 2,000 LBOs. a condo development, apartment building, or golf course).
Harvard Business Review
DECEMBER 22, 2016
The public corporation is typically bedeviled by the gap between managers’ and shareholders’ interests. In private equity, managers and shareholders are closely connected. These examples are hybrids not just of family ownership and professional management, but also of private and public ownership.
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