involving Employee Stock Ownership Plans. The firm, which would later come to be known as Kelso & Company, would transition toward private equity investments in the late 1970s and would raise its first private equity fund in 1980. Today Kelso & Company is a billion private equity firm and was among the 50 largest private equity firms globally. [edit] Quote “The Roman arena was technically a level playing field. But on one side were the lions with all the weapons, and on the …

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