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Can I read Behind the Curve: An Analysis of the Investment Behavior of Private Equity Funds : An Analysis of the Investment Behavior of Private Equity Funds on EtoBox?

Behind the Curve: An Analysis of the Investment Behavior of Private Equity Funds : An Analysis of the Investment Behavior of Private Equity Funds by Christian Deger is a nonfiction available to read on EtoBox.

What is Behind the Curve: An Analysis of the Investment Behavior of Private Equity Funds : An Analysis of the Investment Behavior of Private Equity Funds about?

In the domain of corporate acquisitions, leveraged buyouts (LBO) have gained tremendous importance since their first appearance in the late 1970's. After having suffered from different economic downturns throughout the years, buyouts have become a major force in the worldwide economy, and reached a record accumulated transaction value of $878bn in 2007. LBOs are generally conducted by a private equity (PE) firm through a buyout fund. The fund manager raises a certain amount of equity from outside investors, and invests it into later-stage companies for an average holding period of around five years. An important characteristic of an LBO is that investments are not only financed by equity capital from the fund but, also with a significant amount of debt which is raised individually on a deal-by-deal basis. Moreover, the compensation of both fund managers, and equity investors is not based on the individual investment itself but, on the success of the whole fund. As a result, the particular conditions of buyout investments in a fund setting, as well as the distinct incentive structure of buyout funds, facilitate an increased sensitivity of fund managers with regard to the current sta

Who reads Behind the Curve: An Analysis of the Investment Behavior of Private Equity Funds : An Analysis of the Investment Behavior of Private Equity Funds?

It is typically read by self-directed learners exploring a subject in depth.

Common subject areas: history, science, philosophy, social sciences.

Author
Christian Deger
Publisher
Diplomica Verlag. ein Imprint der Bedey und Thoms Media GmbH
Published
2013
Language
EN
ISBN
9783842889101
Category
nonfiction
Subjects
Business, Literary Fiction, Fiction

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