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Why is private equity the driving force behind innovation and job creation in Europe, and Luxembourg?
By Laurent CAPOLAGHI, Partner, Private Equity Leader Renaud LABYE, Partner, Asset Servicing Tax Leader, EY Luxembourg
At the recent Luxembourg for Finance anniversary, Prime Minister Bettel stated that “The financial sector should be proud”(1). This quote serves as a reminder of the positive impact private equity has on the financial sector (particularly funds), the economy and society as a whole. With this in mind, what is private equity’s role in economic growth?
What is private equity?
Private equity (PE) is a form of investment where managers (i.e., PE...
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