RT Journal Article SR Electronic T1 Turn Plant Closings and Layoffs into Economic Development JF The Journal of Private Equity FD Institutional Investor Journals SP 27 OP 28 DO 10.3905/jpe.2013.16.3.027 VO 16 IS 3 A1 Richard F. America YR 2013 UL https://pm-research.com/content/16/3/27.abstract AB Private equity firms are sometimes obliged to trim payrolls. When they do, there are ways to turn these events into positive local economic development opportunities. Entrepreneurs can be discovered and nurtured to create new businesses, thus creating a win–win situation for communities and investors.TOPICS: Private equity, equity portfolio management, performance measurement