Conscientiousness has been found to be more important than other traits in the success of CEO's of private equity companies.
What Is Private Equity (PE)?
- Private equity (PE) is the ownership or interest in an entity that is not publicly listed or traded. A source of investment capital, private equity (PE) comes from high-net-worth individuals (HNWI)
- The private equity (PE) industry is comprised of institutional investors such as pension funds, and large private equity (PE) firms funded by recognized investors. As the private equity (PE) entails direct investment—often to gain influence or control over a company's operations—a significant capital outlay is required, which is why funds with deep pockets dominate the industry.
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