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Finance Glossary

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Over 700 finance terms, Shmooped to perfection.

Private Investment Company

Definition:

A private investment company is a hedge fund or investment company that's in business to make money for its investors.

This type of company usually sells securities. While investment companies that cater to the public have to be registered and have to follow some rules, private investment companies sell only to qualified buyers and so don't have to go through all that.