### Question
How is the term private equity firm defined?


### Answer
The term **private equity firm** is defined in *15 U.S.C. § 632* as the following:

> given the term "private equity fund" in section 1851(h)(2) of title 12.

#### Citation:
  - *15 U.S.C. § 632*
  - Heading: **CHAPTER 14A-AID TO SMALL BUSINESS**

