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A firm with 20 people could make a $3 billion profit

From businessinsider.com

Cortec Group is poised to make a killing on its investment in a cooler maker if it successfully goes public. The small private-equity firm could make about $3.3 billion on the initial public offering of Yeti Holdings Inc., which could happen as soon as October, according to a story by The Wall Street Journal's Matt Jarzemsky. Cortec invested about $67 million in Yeti back in 2012, which means it could make 50 times its money in four years, The Journal reported. That's an enviable figure for the private-equity industry, which is confronting a new normal after enjoying startling growth over the past few years. These ... (full story)

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