ean 9780470745960 temática MANAGEMENT año Publicación 2010 idioma INGLÉS editorial WILEY páginas 248 formato CARTONÉ 36,29 €    PEDIR   NOVEDAD

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An Introduction to Private Equity provides readers with an easy to read but thorough grounding in the key aspects of the private equity industry. It provides coverage of the industry as a whole, its organization, governance and function, then looks at the various segments within the industry, including LBO, Venture Capital, Mezzanine Financing, Development Capital and other components. The book then goes on to look at private equity from the perspective of the individual or the business, looking at how they value a business, how the transaction works and looks at some due diligence issued that should be considered before moving ahead. Finally the book will look at private equity in the future, and at how recent events are shaping the medium and long term.

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Foreword Acknowledgments About the Author Introduction A Moving Target A Consubstantial Lack of Information Benign Neglect, Malign Consequences Knowing the Devil to Circumvent It PART I WHAT IS PRIVATE EQUITY? 1 Private Equity as an Economic Driver: An Historical Perspective 1. Pooling interests to identify and exploit sources of wealth 2. Championing entrepreneurship Conclusion: an attempt at definition 2 Modern Private Equity – A French Invention? 1. USA: the foundry of modern private equity The strict separation of public policies and public financing The separation of public endeavours and private efforts; the subsequent support of the former for the latter 2. Europe: adapting a successful model or creating its own? Conclusion: Emerging markets, building castles on sand? PART II THE PRIVATE EQUITY ECOSYSTEM 3 Private Equity: A Business System Perspective 1. We are all investors in private equity 2. Organisation and governance of private equity funds 3. Measuring performance, managing risks and optimising returns 4. Pitfalls and challenges Conclusion 4 The Universe of Investment 1. Venture capital: financing company creation 2. Growth capital: financing companies’ expansion 3. Leveraged Buy-Out: financing companies transmissions 4. Other interventions in private equity Conclusion 5 The Process of Investment: a Matter of Trust and Mutual Interest 1. Step 1: Preliminary analysis 2. Step 2: Valuation 3. Step 3: Negotiating 4. Step 4: Structuring 5. Step 5: Complementary due diligences 6. Step 6: Transaction 7. Step 7: Monitoring and exit Conclusion PART III PRIVATE EQUITY IN TEENAGE TIME: TREND SETTING, FADS AND RESPONSIBILITIES 6 Private Equity Evolutions: Trends or Buzzes? 1. Is private equity going mainstream? 2. Is private equity (still) creating value? 3. Private equity: between bubbles and crashes Conclusion 7 Private Equity and Ethics: a Culture Clash 1. Greed 2. Destruction 3. Philanthropy 4. Transparency 5. Confidentiality and self-regulation Conclusion General Conclusion—Private Equity Today and Tomorrow 1. Core target: manage the volatility of performances 2. The only valid leitmotiv: long-term thinking 3. The IMPACT of the fair market value 4. A long-term trend: the attractiveness of private equity 5. Private equity: future victim of its own success? 6. The impact of a better knowledge of private equity Bibliography Glossary Index