In this article Larry is speaking directly to Private Equity General Partners from his perspective as the CEO of numerous PE backed companies. These concepts are important for incumbent CFOs to grasp; first, to learn how to survive in a PE backed company and, second, to learn how to help make a PE backed company thrive.

PRIVATE EQUITY INVESTMENT CONTINUES TO EXPAND, WITH INCREASING NUMBERS OF INVESTORS LOOKING TO REALIZE ABOVE-AVERAGE RETURNS.

But the pre-acquisition stage can be extremely challenging, especially for general partners who will be actively involved in growing the company to achieve the expected returns.

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If you achieved your goal only 30% of the time would you consider yourself a success?

Less than 5% of batters in major league baseball get a hit (a positive outcome) in more than 3 of 10 at bats. In 2022 the best batter in baseball achieved his goal less than 33 out of every 100 at bats.

There are stark contrasts between the role of a batter (also called a hitter) and the role of a senior finance executive.

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Each series of horizontal and vertical boxes is a word or phrase with each box containing one letter. Each day we’ll add Word Clues and part of the FINAL CLUE to the puzzle. The answer to the final clue will be made up of the circled letters in the puzzle.

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Blockchain was originally developed as the technology behind cryptocurrency called Bitcoin. A vast, globally distributed ledger running on millions of devices, it is capable of recording anything of value.

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It’s worth repeating; the demographic phenomenon which first appeared about ten years ago - at least 7,000 baby boomers per day are turning 65 - is expected to last for another eight years. Since this demographic owns approximately 4 million businesses, it’s logical that getting outof a business has become a process that many business owners have to master in order to maximize the value of their life’s work.

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