Book description
An authoritative guide to understanding the world of private equity (PE) investing, governance structures, and operational assessments of PE portfolio companiesAn essential text for any business/finance professional's library, Private Equity: History, Governance, and Operations, Second Edition begins by presenting historical information regarding the asset class. This information includes historical fundraising and investment levels, returns, correlation of returns to public market indices, and harvest trends. The text subsequently analyzes PE fund and portfolio company governance structures. It also presents ways to improve existing governance structures of these entities. A specific focus on portfolio company operations, including due diligence assessments, concludes the text.
- Seamlessly blends historical information with practical guidance based on risk management and fundamental accounting techniques
- Assists the book's professional audience in maximizing returns of their PE investments
- Highly conducive to advanced, graduate-level classroom use
- Purchase of the text includes access to a website of teaching materials for instructional use
Learn more about PE history, governance, and operations with the authoritative guidance found in Private Equity: History, Governance, and Operations, Second Edition.
Table of contents
- Cover
- Series Page
- Title Page
- Copyright
- Preface
-
Module I: The Private Equity Model and Historical Information
-
Chapter 1: Introduction to Private Equity
- Introduction
- What Is Private Equity?
- General Terms and Brief Overview
- The Limited Partner Agreement and General Partner Incentives
- Private Equity Firm Structure and Selected Regulations
- Types of Private Equity Investment
- The Private Equity Fundraising Process
- Recent Fundraising Trends
- General Partner Investment Restrictions
- Conclusion
- Chapter 2: Overview of Historical Trends
- Chapter 3: Trends in Private Equity
- Chapter 4: Harvesting Private Equity Investments Through Initial Public Offering
- Chapter 5: Legal Considerations in Initial Public Offerings
- Chapter 6: Harvesting Investments Through Mergers and Acquisitions
- Chapter 7: Legal Considerations in Sale Transactions
- Chapter 8: Intellectual Property and Private Equity
-
Chapter 1: Introduction to Private Equity
-
Module II: Governance Structures in Private Equity
- Chapter 9: The Private Equity Governance Model
- Chapter 10: Value of Internal Control
- Chapter 11: Internal Control Evaluation
- Chapter 12: Financial Statement Fraud and the Investment Decision
-
Chapter 13: Professional Standards
- Introduction
- Federal Trade Commission
- Securities and Exchange Commission
- “Private” Equity Going Public
- Public Company Accounting Oversight Board Standards
- American Institute of Certified Public Accountants Auditing Standards
- American Institute of Certified Public Accountants Accounting and Review Standards
- Institute of Internal Auditors Standards
- Information Systems Audit and Control Association
- Conclusion
-
Module III: Understanding Operations
-
Chapter 14: Contemporary Business and Competitive Intelligence
- Introduction
- Contemporary Business Intelligence
- Competitive Intelligence and the External Environment
- Normalizing Performance
- Cost of Capital and the Option to Invest
- Developing Unique Intelligence
- An Economic View of Quality
- Developing Relationships and Navigating Crises
- Application to Private Equity
- Conclusion
-
Chapter 15: Organizations as Humans
- Introduction
- Purpose of the Organization
- Genesis
- Development and Specialization
- Parts of the Whole and Maturation
- Environmental Adaptation
- Environmental Influence and Interaction
- Maturity Creates “The Machine”
- Death of the Organization and Rebirth
- Strengths and Weaknesses of the Organizations as Humans Metaphor
- Conclusion
- Chapter 16: Beginning the Lean Transformation
- Chapter 17: Performing Manufacturing Due Diligence Assessments
-
Chapter 14: Contemporary Business and Competitive Intelligence
- About the Authors
- Glossary
- Index
Product information
- Title: Private Equity, 2nd Edition
- Author(s):
- Release date: May 2012
- Publisher(s): Wiley
- ISBN: 9781118138502
You might also like
book
Private Equity Firms
This work analyzes the role of private equity firms (SCIs) in forming strategic alliances in the …
book
Introduction to Private Equity
Introduction to Private Equity is a critical yet grounded guide to the private equity industry. Far …
book
Investment Banks, Hedge Funds, and Private Equity, 2nd Edition
The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in …
book
Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity
Written by the Founder and CEO of the prestigious New York School of Finance, this book …