manage large pools of money acquired from wealthy individuals or families and big institutions such as pension and mutual funds.
A)Private equity firms
B)Public share cooperatives
C)Non-profit philanthropists
D)Corporate ethics officers
E)Worker capitalists

Question

Quizplus · Accepted Answer

Private equity firms specialize in managing large pools of money acquired from wealthy individuals or families and big institutions such as pension and mutual funds. They invest this money in private companies, aim to increase their value over time, and ultimately generate a significant return on investment for their clients.

Manage Large Pools of Money Acquired from Wealthy Individuals or Families