Wikipedia:
private equity group
A private equity group is a group of investors who pool available funds to purchase, in whole or in part, a business. The business can be an existing manufacturer, retailer, or service company, but it might also be a start-up business. Investors often lessen their risk by splitting the money they are willing to invest among several different businesses, often in differing industries or segments of industries. They will frequently borrow funds from lending agencies to supplement their own direct investments.
Private equity groups are often closely related to commonly called angel investors.
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