Sometimes referred to as alternative assets or loosely as venture capital. Includes the different forms of financing that can be provided over the various business cycles of a private company (i.e. unlisted company). The finance is provided by one or more private investors to help develop, resurrect or grow a business. Private equity financing can be broken down into the follow stages of a company’s development. These include seed capital, start-ups, venture capital (early stage), expansion capital, buyouts (management buyouts and management buy-ins) and restructuring or turnaround investment.