Glossary

  • Early stage

    A fund investment strategy involving investment in companies for product development and initial marketing, manufacturing and sales activities.

  • Equity bridge

    A short-term investment made by the limited partnership in a portfolio company pending syndication of the investment or agreement of debt financing.

  • Equity kicker

    Option for private equity investors to purchase shares at a discount.

  • Exiting climates

    The conditions which influence the viability and attractiveness of various exit strategies.

  • Exiting strategy

    A fund's intended method for liquidating its holdings while achieving the maximum return possible.

  • Expansion stage

    Financing for growth and expansion of a company which is breaking even or trading profitably. Capital may be used to finance increased production capacity, market or product development, and/or to provide additional working capital. This stage includes bridge financing and rescue or turnaround investments.

Full lifecycle diversification with private equity

Unlike other asset classes, private equity enables investors to cover the entire lifecycle of a company or industry.