Private Equity: Fund Types, Risks and Returns, and Regulation

Description

A comprehensive look at the private equity arenaWith 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. This 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. Discusses the role of private equity in today's financial environmentProvides international perspectives on private equityDetails the regulation of private equity marketsFilled with in-depth insights and expert advice, this book will provide you with a better understanding of private equity structures and put you in a better position to measure and analyze their performance.Content: Chapter 1 Introduction to Private Equity (pages 1–6): Douglas CummingChapter 2 Institutional Investment in Private Equity: Motivations, Strategies, and Performance (pages 7–29): Grant FlemingChapter 3 IPOs and Other Nontraditional Fund?Raising Methods of Private Equity Firms (pages 31–51): Sridhar Gogineni and William L. MegginsonChapter 4 Listed Private Equity (pages 53–70): Bastian Bergmann, Hans Christophers, Matthias Huss and Heinz ZimmermannChapter 5 The Syndication of Private Equity (pages 71–92): Andy Lockett, Miguel Meuleman and Mike WrightChapter 6 The Structure of Venture Capital and Private Equity Fund Portfolios (pages 93–109): Gennaro Bernile, Douglas Cumming and Evgeny LyandresChapter 7 The Rise of the PIPE Market (pages 111–128): Na DaiChapter 8 Private Placements by Small Public Entities: Canadian Experience (pages 129–153): Cecile Carpentier and Jean?Marc SuretChapter 9 Hedge Funds' Activism: A New Trend of Convergence toward Private Equity in Public Firms? (pages 155–193): Stefano Gatti and Chiara BattistiniChapter 10 Projection of Private Equity Fund Performance: A Simulation Approach (pages 195–228): Axel Buchner, Philipp Krohmer, Daniel Schmidt and Mark WahrenburgChapter 11 Value Creation in Middle?Market Buyouts: A Transaction?Level Analysis (pages 229–255): John L. Chapman and Peter G. KleinChapter 12 Risk and Return of Private Equity: An Overview of Data, Methods, and Results (pages 257–282): Ludovic PhalippouChapter 13 Private Equity Fund Selection: How to Find True Top?Quartile Performers (pages 283–299): Oliver F. GottschalgChapter 14 Real Effects of Private Equity: Empirical Evidence and a Research Agenda (pages 301–310): Donald S. SiegelChapter 15 Employment, Wage, and Productivity Effects of Private Equity Transactions (pages 311–331): Robert CressyChapter 16 Valuation and (Financial) Disclosure in the Private Equity Industry: Institutional Set?Up, Incentives, and Empirical Analysis (pages 333–357): Douglas Cumming, Andrej Gill and Uwe WalzChapter 17 Private Equity Regulation: A Comparative Analysis (pages 359–393): Joseph A. McCahery and Erik P. M. VermeulenChapter 18 International Private Equity Flows (pages 395–417): Sophie Manigart, Sofie De Prijcker and Bivas BoseChapter 19 Private Equity in Emerging Markets (pages 419–436): Alexander Peter GrohChapter 20 Private Equity in Europe (pages 437–461): Laura BottazziChapter 21 Private Equity and Leveraged Buyouts in Italy: To Prohibit or Not to Prohibit, That is the Question (pages 463–510): Simona ZambelliChapter 22 Venture Capital and Private Equity in Germany (pages 511–553): Wolfgang Bessler, Julian Holler and Martin SeimChapter 23 Private Equity in Denmark: Capital Structure and Taxes (pages 555–578): Morten Bennedsen, Kasper Meisner Nielsen, Soren Bo Nielsen and Steen ThomsenChapter 24 Venture Capital and Private Equity in Canada: Phasing Out an Inefficient Tax Credit (pages 579–602): Douglas Cumming and Sofia Johan