DMV offers a new convenience to more than 40,000 veterans. Nevada veterans in Clark County may now claim their annual property tax exemption during a vehicle registration renewal online or at one of the DMVâs self-service kiosks. Up until now, veterans in Clark County could renew only by mail or in person at a DMV office.
Loading the player... Private equity is a source of investment capital from high net worth individuals and institutions for the purpose of investing and acquiring equity ownership in companies.
How a Private Equity Firm Works. A private equity firm is called a general partner (GP) and its investors that commit capital are called limited partners (LPs). Limited partners generally consist of pension funds, institutional accounts and wealthy individuals. The general partner invests the fundâs committed capital in public and private companies, manages the portfolio of investments and seeks to exit the investments in the future for sizable returns.