Gloss: Capital readily available for investment.
Part of speech: n.
Quotation: Capital available for secondary deals—what the industry calls dry powder—is about $12 to $15 billion, said Small, whose company manages some $4.2 billion of secondaries.
Author:
Douwe Miedema, Simon Meads
Article, document, publication, web site:
Forex Pros Dateline:
London, United Kingdom
Date of publication:
Nov. 24, 2008
This catchword has yet to be researched.