/ˈpraɪvət ˈɛkwəti fɜrm/ – Phrase
Definition: Công ty đầu tư tư nhân
A more thorough explanation: a firm whose business it is to make investments in shares in private companies (as opposed to shares in a company listed on a stock exchange) where the source of finance is generally a fund owned by sophisticated investors whose strategy is to make the company more profitable and sell their shares for a profit
Example: United Biscuits was bought by private equity firms Blackstone and PAI Partners in 2006.