If holding high quality of Customer Equity that goes beyond rivals, the enterprise can form Customer Equity advantage.

拥有超越竞争对手的高质量顾客资产，能够形成顾客资产优势，这种优势可以转化为企业竞争优势。

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Yale, in particular, has a first-mover advantage; by being an early investor in private equity it was able to get access to the best-managed funds.

尤其耶鲁，乃是近水楼台先得月，作为先期进入者，它们具有渠道，能购得管理良好的私人股本基金。

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Asia's listed companies and their investors have taken advantage of buoyant equity markets in the region this year to raise record funding via follow-on share offerings, according to new data.

最新数据显示，亚洲上市公司及其投资者利用该地区股市今年表现活跃的机会，通过后续股票发行，筹集了创纪录的资金。

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In large part this is due to private equity shops taking advantage of the cheap financing to undertake huge deals.

FORBES: Leveraged finance volume sees record pace as M&A deals boom

Private equity's biggest advantage today is its access to vast quantities of debt, on what old-time bankers might regard as recklessly generous terms.

ECONOMIST: Media firms and private equity

Some felt that the firm had no experience making bigger, private-equity style investments or competitive advantage in emerging markets.

FORBES: Exits In China And U.S. Validate Sequoia Strategy