Private equity - the silver bullet?

摘要

The reason for focusing on private equity investments is based on the partially made assertions that private equity participations in ship-financing are appropriate solutions for substituting the KG-mod-el. Moreover, the term itself is mainly used without a differentiated analysis for allocating certain types of this asset class to »its« respective target investment object. Hence, it is not surprising that private equity is supposed to be the philosopher's stone, which shall substitute the KG model, replace bank financing and help surviving the shipping crisis in one go. This is a fallacy.