@article {Davis21, author = {Eva Davis and Sara Cieniewski and Josh Birenbaum}, title = {The Smart Money: When a Private Equity Minority Investment Can Be Better Than a Bank Loan (and What about a Family Office?) }, volume = {20}, number = {1}, pages = {21--24}, year = {2016}, doi = {10.3905/jpe.2016.20.1.021}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Private equity has received plenty of criticism, but it may be the best source of capital to power your company{\textquoteright}s growth. Just in the past year, companies like Drybar, Fresh Direct, Hip Chick Farms, Jones Natural Chews, Pacific Catch, Snap Kitchen, Velvet Taco, and Viking Cruises have gone to private equity for additional capital to fuel their expansion rather than a bank. This article will address the circumstances under which a private equity fund minority investment can be the best financing for a business, the investigation a company should undertake to select the right investor, the key investment terms that a company should expect from a private equity fund, and the circumstances under which a family office may be an even better long-term partner.TOPICS: Private equity, manager selection, wealth management, legal/regulatory/public policy}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/20/1/21}, eprint = {https://jpe.pm-research.com/content/20/1/21.full.pdf}, journal = {The Journal of Private Equity (Retired)} }