{"product_id":"private-equity-9780470499153","title":"Private Equity","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eA comprehensive look at the private equity arena\u003c\/p\u003e \u003cp\u003eWith private equity differing from other asset classes, it requires a whole new approach for those trained in more traditional investments such as stocks and bonds. But with the right guidance, you can gain a firm understanding of everything private equity has to offer.\u003c\/p\u003e \u003cp\u003eThis reliable resource provides a comprehensive view of private equity by describing the current state of research and best practices in this arena. Issues addressed include the structure of private equity funds and fundraising, the financial and real returns of private equity, and the structure of private equity investments with investees, to name a few.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDiscusses the role of private equity in today''s financial environment\u003c\/li\u003e \u003cli\u003eProvides international perspectives on private equity\u003c\/li\u003e \u003cli\u003eDetails the regulation of private equity markets\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with in-depth insights and expert advice, this book will provide you with a bet\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cb\u003e1 Introduction to Private Equity.\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003eReferences.\u003c\/p\u003e \u003cp\u003eAbout the Editor.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I The Structure of Private Equity Funds and Fund-Raising.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Institutional Investment in Private Equity:Motivations, Strategies, and Performance.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eInstitutional Investment: Motivations and Behavior.\u003c\/p\u003e \u003cp\u003eStructure and Strategies.\u003c\/p\u003e \u003cp\u003ePerformance.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 IPOs and Other Nontraditional Fund-Raising Methods of Private Equity Firms.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eRecent Trends in the Private Equity Industry.\u003c\/p\u003e \u003cp\u003eTraditional Fund-Raising Methods.\u003c\/p\u003e \u003cp\u003eNontraditional Fund-Raising Methods.\u003c\/p\u003e \u003cp\u003ePrivate Equity IPOs: Performance and Implications for the Future.\u003c\/p\u003e \u003cp\u003eSovereign Wealth Funds Complementing and Substituting for Private Equity Investments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Listed Private Equity.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eListed Private Equity: Definitions and Categorization.\u003c\/p\u003e \u003cp\u003eTerms and Definitions.\u003c\/p\u003e \u003cp\u003eFurther Empirical Insights on Listed Private Equity.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eInvestments.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 The Syndication of Private Equity.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eMotives for Syndication.\u003c\/p\u003e \u003cp\u003ePartner Selection.\u003c\/p\u003e \u003cp\u003eStructuring and Managing the Syndicate.\u003c\/p\u003e \u003cp\u003eSyndication and Performance.\u003c\/p\u003e \u003cp\u003eThe Future of Syndication Research.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 The Structure of Venture Capital and Private Equity Fund Portfolios.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy the Structure of Venture Capitalists' Portfolios Matters.\u003c\/p\u003e \u003cp\u003eOptimal Effort Levels.\u003c\/p\u003e \u003cp\u003eOptimal Portfolio Size and Profit-Sharing Rule.\u003c\/p\u003e \u003cp\u003eEmpirical Tests.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 The Rise of the PIPEMarket.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eWhat Is a PIPE?\u003c\/p\u003e \u003cp\u003eContract Terms in PIPE Offerings.\u003c\/p\u003e \u003cp\u003eFirms Issuing PIPEs.\u003c\/p\u003e \u003cp\u003eInvestors in the PIPE Market.\u003c\/p\u003e \u003cp\u003eThe Role of Placement Agents.\u003c\/p\u003e \u003cp\u003eIssues in the PIPE Market and SEC Regulations.\u003c\/p\u003e \u003cp\u003eThe PIPE Market Down the Road.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Private Placements by Small Public Entities: Canadian Experience.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eThe Canadian Context.\u003c\/p\u003e \u003cp\u003ePrivate Placements and the Issuers.\u003c\/p\u003e \u003cp\u003eReturns Surrounding Private Placements.\u003c\/p\u003e \u003cp\u003eDiscounts.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Hedge Funds' Activism: A New Trend of Convergence toward Private Equity in Public Firms?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eHedge Funds and Private Equity: Market Data and Trends toward Convergence.\u003c\/p\u003e \u003cp\u003eHedge Funds’ Approach to Activism.\u003c\/p\u003e \u003cp\u003eFeatures of Targeted Companies.\u003c\/p\u003e \u003cp\u003eHow Hedge Funds Engage a Fight against Incumbent Management.\u003c\/p\u003e \u003cp\u003eClinical Study of Carl Icahn versus Time Warner, Inc.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III Financial and Real Returns to Private Equity.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Projection of Private Equity Fund Performance: A Simulation Approach.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eRelated Literature.\u003c\/p\u003e \u003cp\u003eA Simulation Approach for Venture Capital Performance Projection and Risk Management.\u003c\/p\u003e \u003cp\u003eSimulation Results for Two Fictitious Venture Capital Funds.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Value Creation in Middle-Market Buyouts: A Transaction-Level Analysis.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eBackground, Context, and Prior Literature.\u003c\/p\u003e \u003cp\u003eRegression Results.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Risk and Return of Private Equity: An Overview of Data, Methods, and Results.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eThe Data.\u003c\/p\u003e \u003cp\u003eResults.\u003c\/p\u003e \u003cp\u003eAdditional Discussion.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13 Private Equity Fund Selection: How to Find True Top-Quartile Performers.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eHypothesis Development.\u003c\/p\u003e \u003cp\u003eThe Research Approach.\u003c\/p\u003e \u003cp\u003eMeasurement and Operationalization.\u003c\/p\u003e \u003cp\u003eWhich Factors Correlate with Future Performance?\u003c\/p\u003e \u003cp\u003eRandom Choice versus the Crystal Ball: An Approach to Measuring PE Fund Selection Efficiency.\u003c\/p\u003e \u003cp\u003eThe Peracs Private Equity Selection Efficiency Measure.\u003c\/p\u003e \u003cp\u003eThe Selection Efficiency of Performance-Based Fund Selection Rules.\u003c\/p\u003e \u003cp\u003eShortcomings of the Traditional Benchmarking Approach.\u003c\/p\u003e \u003cp\u003eUsing and Interpreting the Right Public Market Benchmarks.\u003c\/p\u003e \u003cp\u003eAdvanced Private Equity Benchmarking Based on Deal-Level Benchmarks.\u003c\/p\u003e \u003cp\u003eQuantitative Due Diligence Case Study: Advanced Private Equity Benchmarking.\u003c\/p\u003e \u003cp\u003eThe Fund Selection Efficiency of Advanced Private Equity Benchmarking Techniques.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14 Real Effects of Private Equity: Empirical Evidence and a Research Agenda.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eEvidence of the Real Effects of Private Equity.\u003c\/p\u003e \u003cp\u003eResearch Agenda.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15 Employment,Wage, and Productivity Effects of Private Equity Transactions.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Universe of Private Equity Transactions.\u003c\/p\u003e \u003cp\u003eTask of the Chapter.\u003c\/p\u003e \u003cp\u003eEmployment and Productivity Identities.\u003c\/p\u003e \u003cp\u003eEmployment, Wage, and Productivity Effects.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IV International Perspectives on Private Equity and Regulation.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e16 Valuation and (Financial) Disclosure in the Private Equity Industry: Institutional Set-Up, Incentives, and Empirical Analysis.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eInstitutional Setup.\u003c\/p\u003e \u003cp\u003eMain Problems and Conflicts of Interest.\u003c\/p\u003e \u003cp\u003eIncentives for Voluntary Disclosure versus Mandatory Disclosure.\u003c\/p\u003e \u003cp\u003eDisclosure and Reporting Patterns of Venture-Backed Portfolio Firms.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e17 Private Equity Regulation: A Comparative Analysis.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eThe Growth of Private Equity.\u003c\/p\u003e \u003cp\u003eDealing with Agency Problems: Contractual Arrangements.\u003c\/p\u003e \u003cp\u003eRegulation of Private Equity Funds.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e18 International Private Equity Flows.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eA Brief Overview of International Fund-Raising.\u003c\/p\u003e \u003cp\u003eInternational Investments of Private Equity Funds in Western Europe, North America, and Australia.\u003c\/p\u003e \u003cp\u003ePrivate Equity in Emerging Markets.\u003c\/p\u003e \u003cp\u003eConclusion and Avenues for Research.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e19 Private Equity in Emerging Markets.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eInternational Comparison.\u003c\/p\u003e \u003cp\u003eWhat Determines Emerging Market PE Activity?\u003c\/p\u003e \u003cp\u003eSurvey among Institutional Investors on the Importance of Emerging Markets’ Allocation Criteria.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e20 Private Equity in Europe.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eHistory.\u003c\/p\u003e \u003cp\u003eThe Structure of Private Equity Funds.\u003c\/p\u003e \u003cp\u003ePrivate Equity Investment.\u003c\/p\u003e \u003cp\u003eInternationalization of Private Equity.\u003c\/p\u003e \u003cp\u003ePrivate Equity Performance.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e21 Private Equity and Leveraged Buyouts in Italy: To Prohibit or Not to Prohibit, That Is the Question.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eThe Buyout Market and Its Puzzling Trend.\u003c\/p\u003e \u003cp\u003eThe LBO Scheme and Related Criticisms.\u003c\/p\u003e \u003cp\u003eThe LBO Legal Environment: Past, Present, and Future Trends.\u003c\/p\u003e \u003cp\u003eThe Economic Impact of the 2004 Reform.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e22 Venture Capital and Private Equity in Germany.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eThe Development of the German Venture Capital Industry.\u003c\/p\u003e \u003cp\u003eGoing Public as an Exit Route for Venture Capital and the Performance of Venture-Backed IPOs in Germany.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e23 Private Equity in Denmark: Capital Structure and Taxes.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eConsequences for Capital Structure of Portfolio Companies.\u003c\/p\u003e \u003cp\u003eImplications for Tax Payments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e24 Venture Capital and Private Equity in Canada: Phasing Out an Inefficient Tax Credit.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eDescription of 2008 YORKbiotech Survey Data.\u003c\/p\u003e \u003cp\u003eMultivariate Regression Evidence.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":51037068067159,"sku":"9780470499153","price":56.25,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470499153.jpg?v=1750934246","url":"https:\/\/bookcurl.com\/products\/private-equity-9780470499153","provider":"Book Curl","version":"1.0","type":"link"}