Private equity in the 2000s
| History of private equity and venture capital |
|---|
| Early history |
| (origins of modern private equity) |
| The 1980s |
| (leveraged buyout boom) |
| The 1990s |
| (leveraged buyout and the venture capital bubble) |
| The 2000s |
| (dot-com bubble to the credit crunch) |
| The 2010s |
| (expansion) |
| The 2020s |
| (COVID-19 recession) |
Private equity in the 2000s represents one of the major growth periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital expanded along parallel and interrelated tracks.
The development of the private equity and venture capital asset classes began to evolve in the middle of the 20th century through a series of boom-and-bust business cycles. By the end of the century, the dot-com bubble collapsed and the tremendous growth in venture capital that had marked the previous five years ended. Afterwards, a new "Golden Age" of private equity ensued as leveraged buyouts reached unparalleled size and private equity firms achieved new growth levels of scale and institutionalization, an example of which is found in The Blackstone Group's 2007 IPO.