Trends Toward Long-Hold:
Westerly Group was founded on the principle of supporting acquisition entrepreneurs with committed, permanent capital to pursue a specific industry thesis over an indefinite time horizon.
Abu Dhabi fund’s $2 billion contribution comes as buyout firm nears completion of new $18 billion-plus flagship fund
There’s a reason the Oracle of Omaha is an ultra billionaire as he turns 90: He grasped the power of compounding at the age of 10. The sooner the rest of us fully understand it, the better off we’ll be.
Raise a new fund. Buy your old fund’s assets. Repeat.
A Duke University professor cautions against the business school “tale” of the private equity “knight in shining armor.”