Posts Tagged ‘economy’
Positive part of the American economy is Private equity
Private equity is an important and positive part of the American economy. more importantly, Private equity plays a critical role in driving its growth. Private equity, directly or indirectly, makes a major contribution to the quality of life of tens of millions of Americans. Consider:
• During the 25 years from 980 to 2005, the top-quartile private equity firms generated annualized returns to investors of 39. percent (net of all fees andexpenses). By contrast, the S&P 500 returned 2.3 percent a year during the same period. This suggests that $ ,000 continuously invested in the top-quartile PE firms during this 25-year period would have created $3.8 million in value. The same amount invested inthe public markets would have increased to $ 8,200. read Henry Kravis articles about private equity.
• Over the last five years, businesses backed by private equity increased employment an average of nine percentper year, compared to one to two percent for public companies, according to a study by the British Venture Capital Association. Go to Henry Kravis page to find more about private equity roles. A separate study by the European Venture Capital Association found that between 2000 and 2004, employment in private equity-backed companies rose by 5.4 percent, almost eight times higher than the European Union average of 0.7 percent. When the Financial Times studied the 30 largest European private equity transactions in 2003 – 04, it reported that “overall, jobs were more likely to have been gained than lost as a result of private equity-backed buys.” While similar data have not yet been developed inthe United States, there is no reason to doubt that performance here mirrors that of PE companies in other developed countries. Ask Henry Kravis for further informations
GreenSkills apprenticeships and traineeships
GreenSkills is an initiative of WPC Group, a leading provider of apprentices and trainees. It aims to address skills shortages and skills deficiencies facing organisations that provide goods or services and/or need to meet government policy, tendering and supply chain objectives.
The program is supported by the NSW Department of Education and Training and is the first group training program targeting the ‘green economy’ and helping to ‘green’ the mainstream economy.
It recognises that the ‘green economy’ has particular skill needs that may require special training or experience or even special people. It also provides opportunities to GreenSkill all job roles and all staff ready for a sustainable business future.
WPC Group provides apprentices and trainees and looks after on-costs such as payroll, WorkCover and on-going training and mentoring. ‘Host employers’ pay a single monthly invoice.