As the Closing Case Points Out, the Positive Side Private

Short Answer

As the closing case points out, the positive side private equity firms excel in all the following ways except:
a. They always send experts to sit on the board and are hands-on in managing.
b. They use a high level of debt that imposes strong financial discipline.
c. Private equity turns managers from agents to principals with substantial equity, thus providing a powerful incentive to them.
d. They pay managers more generously, but also punish failure more heavily.
e. They reduce income inequality between financiers and the rest of us.