The early history of private equity relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.
The origins of the modern private equity industry trace back to 1946 with the formation of the first venture capital firms. The thirty-five-year period from 1946 through the end of the 1970s was characterized by relatively small volumes of private equity investment, rudimentary firm organizations and limited awareness of and familiarity with the private equity industry.
Read more about Early History Of Private Equity: Pre-history, Origins of Modern Private Equity, Early Venture Capital and The Growth of Silicon Valley (1959 - 1981), The First Private Equity Boom (1982 To 1993), See Also
Famous quotes containing the words equity, private, history and/or early:
“If equity and human natural reason were allowed there would be no law, there would be no lawyers.”
—Christina Stead (19021983)
“An affair wants to spill, to share its glory with the world. No act is so private it does not seek applause.”
—John Updike (b. 1932)
“History is the present. Thats why every generation writes it anew. But what most people think of as history is its end product, myth.”
—E.L. (Edgar Lawrence)
“Todays pressures on middle-class children to grow up fast begin in early childhood. Chief among them is the pressure for early intellectual attainment, deriving from a changed perception of precocity. Several decades ago precocity was looked upon with great suspicion. The child prodigy, it was thought, turned out to be a neurotic adult; thus the phrase early ripe, early rot!”
—David Elkind (20th century)