Introduction to Private Equity is a critical yet groundedguide to the private equity industry. Far more than just anotherintroductory guide, the book blends academic rigour with practicalexperience to provide a critical perspective of the industry from aprofessional who has worked at many levels within the industry,including insurance, funds of funds, funds and portfolio companies.
The book looks at private equity from the point of view of theindividual or the business. How is a private business valued? Howis the acquisition transaction processed? What are the duediligence issues that should be considered before moving ahead? Avaluable insight to a rather opaque market.
Introduction to Private Equity covers the private equityindustry as a whole, highlighting its historical development inorder to put its recent development into perspective. The bookcovers its organization, governance and function, then details thevarious segments within the industry, including LBO, VentureCapital, Mezzanine Financing, Growth Capital and beyond. Finally,it offers a framework to anticipate and understand its futuredevelopments.
It provides a balanced perspective on the current corporategovernance challenges which are affecting the industry and drawsperspective to understand the evolution of the sector, followingone of its major crises.