Apart from being able to draw fees and get a lower interest rate on the borrowed money, is there much of a conceptual difference between PE and a private investor buying a portfolio of shares on margin and reinvesting the unrealised gains or cashing out early whilst holding on longer term to his losers in the hope of a turnaround?
If there isn't much of a conceptual difference does the success or failure of the private investor vs private equity basically come down to the higher interest rate and the lack of fees?
Apart from being able to draw fees and get a lower interest rate on the borrowed money, is there much of a conceptual difference between PE and a private investor buying a portfolio of shares on margin and reinvesting the unrealised gains or cashing out early whilst holding on longer term to his losers in the hope of a turnaround?
If there isn't much of a conceptual difference does the success or failure of the private investor vs private equity basically come down to the higher interest rate and the lack of fees?