A limited partnership set up for the purposes of institutional or management buyouts. An institutional buyout (or buyin) is the purchase of a company by a limited partnership following, or as part of, which the incumbent or new management will be given or acquire a small stake in the business. In a management buyout (or buyin), current/new management usually acquire a more significant shareholding in the business they manage.
Full lifecycle diversification with private equity
Unlike other asset classes, private equity enables investors to cover the entire lifecycle of a company or industry.