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Which of the statements related to Private Equity (PE) is NOT True? A. Unlike hedge funds, private equity investment is designed for an average investor

Which of the statements related to "Private Equity (PE)" is NOT True?

A.

Unlike hedge funds, private equity investment is designed for an average investor who has only $10,000 investable wealth

B.

Shares of firms owned by PE are not available to the public

C.

Venture capital is an example of private equity

D.

Buyout means a financial firm buys all publicly available shares of a company and takes that company private

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