Renaissance for LEADERS

Peak Performance Resources for Leaders by Leaders

glossary

Principle

1. A basic truth or law as the basis of reasoning or action. 2. A personal code of conduct or good behavior: a man of principle. 3. Moral or ethical judgments collectively. A decision based on principle rather than expediency.

Private Equity

An asset class consisting of equity securities and debt, which is invested in an operating company that is not publicly traded on a stock exchange. A private equity investment is typically made by a firm that specializes in private equity, venture capitalist or an angel investor. Each investor category has different goals, preferences and investment strategies; however, all provide working capital to nurture expansion, new product development, or restructuring of the company’s operations, management, or ownership.

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