What is private equity? Finance Professional and Community Leader Liam Kirk explains the basics of Private Equity in simple and easy to understand terms:
Private Equity (PE) is a capital investment privatized into a company, or companies, that are not publicly traded. Private Equity, or PE, firms are strictly open to accredited investors. These particular investors tend to be high net worth individuals, seasoned entrepreneurs and successful business owners. In his work in the Finance and Wealth Management industry, Liam Kirk has had the opportunity to learn extensively about private equity firms. As his career develops, Kirk looks forward to branching out further into this unique specialization of wealth management. As a Wealth Manager, Kirk is tasked with managing private equity portfolios for high-end, affluent clients. In his early career experiences, he has developed a specialized understanding of asset management, which is particularly relevant to private equity financial services. Ensuring the most positive and profitable outcome of a private equity firm’s investments is only part of the equation, Kirk explains. A well-versed Wealth Manager understands that ensuring security and safety is an equally important aspect of investment strategy.
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