You might have brought in investments or something by borrowing money, so the investment--the combined investment and liability could be very volatile.

你可能通过贷款,进行投资或运行某种项目,因而投资...这种兼有投资,和负债性质的项目,风险极高

耶鲁公开课 - 金融市场课程节选

Now, if you are a private company, you are limited to where you can sell your investments.

如果你的公司是私募性质,在推销投资产品方面会面临许多限制

耶鲁公开课 - 金融市场课程节选

Hedge funds do not post their investments on EDGAR, so they're private.

对冲基金不在EDGAR上发布投资情况,所以他们就是私募性质

耶鲁公开课 - 金融市场课程节选