Correction.The article on private equity, "Quest for Verb 1. quest for - go in search of or hunt for; "pursue a hobby" quest after, go after, pursue look for, search, seek - try to locate or discover, or try to establish the existence of; "The police are searching for clues"; "They are searching for the Returns Boosts Private Equity," in the July/August issue, should have said that Praesidian Capital, a mezzanine debt provider for middle-market companies, boasts a war chest of $157 million, of which more than half is invested in management buyouts Management buyout (MBO) Leveraged buyout whereby the acquiring group is led by the firm's management. management buyout See going private. , leveraged buyouts leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. , recapitalizations and refinancings, including four investments alongside private equity sponsors. |
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