If the world can arrive at a consensus on such an architecture -- and maximize the benefits of free flow of private capital without excessive risk -- that would be the best legacy of the Asian crisis.
Greenspan explains that because lower deficits will restore confidence, diminish the threat of inflation, and allow savings to flow to private-sector investment rather than public-sector consumption, the short-term pain will lead to gains both in the mid- and long-term.
Naturally, it is important that such steps do not smack of "capital controls" or other draconian measures that could cast a shadow over our common desire to preserve the free flow of private capital into and out of the United States.
He's pursuing returns he thinks will exceed U.S. markets by at least 15 percentage points but also hoping to spread the message that the free flow of private equity and venture capital to bright entrepreneurial firms in Africa can be a superior alternative to the traditional development funds funneled through the likes of the World Bank.
So long as the flow of funds to private borrowers is weak, the government should easily find buyers for its debt.
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Well partly because universities are now so dependent upon a flow of money from the private sector.
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Among other reasons, public sector dollars sometimes flow counter-cyclically to private sector.
Exclusive Resorts and Private Retreats have each had a positive cash flow from their first day of operation.
Higher government borrowing also tends to divert savings and investment capital that would otherwise flow into the jobs-creating private sector.
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Instead, the reorganization was structured as a sale that excluded private capital and that preserved a very large flow of union and environmental contributions.
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The biggest risk in many of the current batch of deals is that the private-equity firms discover the cash-flow models to be less predictable than they thought, says Colin Blaydon of Tuck Business School's Centre for the Study of Private Equity and Entrepreneurship.
The message is upbeat, with Judson floating the idea of taking the company private, while batting away concerns over shrinking cash flow to service debt.
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While the data are too thin to provide an average for 2012 deal flow, these dividend trades are compelling indeed for private equity firms, which, on average, have recaptured 64% of their original contributed capital for deals executed since 2011.
Tokyo architect Hideyuki Nakayama said the home, while aesthetically modern in every sense, is true to the spirit and philosophy of old Kyoto homes, which integrated public and private space seamlessly in a way that created a sense of flow.
In a statement Tuesday, HP said it intends to court Dell customers who are worried about the company's ability to innovate, expand its product line and pay its bills now that it will have to earmark some of cash flow to reduce the debt taken on to go private.
After all, foreign private-portfolio investments in the U.S. ebb and flow with the emotional current, no easy factor to predict.
"We have had a steady flow of patients coming in by ambulance as well as by private vehicles, " Robinson told CNN's Anderson Cooper.
He notes that India has a stronger tradition of private enterprise, more developed managerial education, better corporate governance, a freer flow of information, a more vigilant investment community, and stronger banking and legal institutions.
In technology, private-equity interest has grown as the industry has matured, and cash-flow and profitability have become more predictable.
For private equity investors, the final test is whether a venture will generate sufficient cash flow to service the debt they plan to pile on it in order to pay themselves big dividends and recoup their initial investment--to "get their bait back, " in Wall Street parlance.
Free cash flow analytics are already at the heart of the corporate capital budgeting process and private equity capital allocations.
Since private-equity returns still top most other investments, money is expected to continue to flow to buyout pros, even if it comes at a slower pace.
Other private equity or real estate firms buy these assets, working to improve their quality and cash flow before selling them again at a higher price.
The new boss says that risk appetite at the investment bank will be dialled back up again in due course, and that more capital will flow to other businesses such as retail banking in emerging markets, consumer credit and private banking.
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