Private Equity Keeps Driving

Another day, another buyout. EMI was bought out today by British Private Equity firm Terra Firma.

This $4.7 billion takeover is just another drop in the bucket for the PE industry. This is the second day of PE takeover news, let's see if tomorrow brings a third day of takeovers.

In other Private Equity news, China wants a piece of the PE pie. China, yes the communist China put $3 billion into U.S. PE firm Blackstone. With the Chinese economy booming so much its no surprise that they're looking for alternate forms of investments. This is a positive step for the Chinese economy as more diverse investments mean less risk for Chinese investors. In addition it's good to see money flowing out of China rather than straight in. Before you know it, they'll be purchasing our cheaply made trinkets, that will show them!

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