10.5937/industrija42-5062 = Glass ceiling over private equity: The case of emerging markets

Private Equity and Business Budgeting

“…Venture capital funds have mostly closed forms, focused on investments in high-risk fi rms that are potentially capable of achieving above the average development and profi t. Th ey are the most important source for fi nancing operations of small fi rms. In addition, they have a signifi cant role in providing assistance to developing necessary strategic and business plans, attracting new partners and potential investors, and educating and preparing the management to lead fi rms more effi ciently [16]. Leveraged buyout funds are present in both developed and under-developed countries.…”