The range of businesses in which private equity is held tends to be concentrated in:

A) services
B) retail and wholesale
C) the manufacturing sector
D) all of the above

Question

The range of businesses in which private equity is held tends to be concentrated in:

A) services
B) retail and wholesale
C) the manufacturing sector
D) all of the above

Quizplus · Accepted Answer

Private equity has been estimated as being worth almost AUD$8 trillion in the USA by the end of the 1990s,and it continues to strongly trend upward.This compares to around AUD$9 trillion in value of the US (public)stock market.The holders of private equity tend to be households that collectively are estimated to own 75% of private equity in the USA.The range of businesses in which private equity is held tends to be concentrated in services (30%),such as entertainment,auto repairs,real estate agents,insurance and mortgages,and beauty services;retail and wholesale (22%),including direct home sales,food and liquor stores,restaurants and bars;and the manufacturing sector (21%),such as printing,building trades and trucking.

The Range of Businesses in Which Private Equity Is Held