Features, diversity, and regulations

Douglas Cumming and Geoffrey Wood


Alternative investors have become much more prominent in the global financial ecosystem. Four of the most prominent categories include private equity (PE), hedge funds, sovereign wealth funds, and venture capital. Although none has escaped controversy, the former two have come under particular scrutiny for their possible effects on target firms. PE explicitly seeks to change how the firm is run in terms of scale and scope of operations, extent of assets, work and employment relations, and/or relative debt leverage; interventions form the basis of returns. While hedge funds may similarly promote new managerial strategies, they ...

Get The Routledge Companion to Management Buyouts now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.