Cargando…

Private equity 4.0 : reinventing value creation /

"A multi-perspective look at private equity's inner workingsPrivate Equity 4.0 provides an insider perspective on the private equity industry, and analyzes the fundamental evolution of the private equity asset class over the past 30 years, from alternative to mainstream. The book provides...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Leleux, Benoit
Otros Autores: Swaay, Hans van, 1953-, Megally, Esmeralda, 1977-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken, New Jersey : Wiley, 2015.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 i 4500
001 EBOOKCENTRAL_ocn898154138
003 OCoLC
005 20240329122006.0
006 m o d
007 cr |||||||||||
008 150115s2015 nju ob 001 0 eng
010 |a  2015002099 
040 |a DLC  |b eng  |e rda  |e pn  |c DLC  |d YDX  |d UKMGB  |d N$T  |d YDXCP  |d EBLCP  |d DG1  |d OCLCF  |d STF  |d DEBSZ  |d CDX  |d E7B  |d TEFOD  |d COO  |d OCLCO  |d OCLCQ  |d OCLCA  |d DEBBG  |d RECBK  |d K6U  |d IDB  |d COCUF  |d CCO  |d LIP  |d PIFFA  |d FVL  |d ZCU  |d MERUC  |d U3W  |d OCLCQ  |d ICG  |d AU@  |d OCLCQ  |d WYU  |d TKN  |d OCLCQ  |d DKC  |d OCLCQ  |d DLC  |d HS0  |d OCLCQ  |d VLY  |d UWK  |d SXB  |d OCLCQ  |d TUHNV  |d OCLCO  |d OCLCQ  |d OCLCO  |d OCLCL 
016 7 |a 016976439  |2 Uk 
016 7 |a 016973764  |2 Uk 
019 |a 903966906  |a 961518210  |a 1162296294  |a 1164925419  |a 1166190345  |a 1167734087  |a 1171087931  |a 1180682371 
020 |a 9781118939840  |q (epub) 
020 |a 1118939840  |q (epub) 
020 |a 9781118939833  |q (pdf) 
020 |a 1118939832  |q (pdf) 
020 |a 9781118939826 
020 |a 1118939824 
020 |a 1118939735 
020 |a 9781118939734 
020 |z 9781118939734  |q (hardback) 
024 7 |a 10.1002/9781118939826  |2 doi 
029 1 |a AU@  |b 000054011583 
029 1 |a AU@  |b 000058373678 
029 1 |a AU@  |b 000067091789 
029 1 |a CHBIS  |b 010879905 
029 1 |a CHNEW  |b 000712462 
029 1 |a CHVBK  |b 335010083 
029 1 |a DEBBG  |b BV042739885 
029 1 |a DEBBG  |b BV043397381 
029 1 |a DEBBG  |b BV043615968 
029 1 |a DEBSZ  |b 427428157 
029 1 |a DEBSZ  |b 469071907 
029 1 |a GBVCP  |b 815838573 
029 1 |a NZ1  |b 15914908 
035 |a (OCoLC)898154138  |z (OCoLC)903966906  |z (OCoLC)961518210  |z (OCoLC)1162296294  |z (OCoLC)1164925419  |z (OCoLC)1166190345  |z (OCoLC)1167734087  |z (OCoLC)1171087931  |z (OCoLC)1180682371 
037 |a 5DEC3A05-F8C1-4CCB-9B5F-143ADD2910EF  |b OverDrive, Inc.  |n http://www.overdrive.com 
042 |a pcc 
050 0 0 |a HG4751 
072 7 |a BUS  |x 027000  |2 bisacsh 
082 0 0 |a 332.6  |2 23 
084 |a BUS027000  |2 bisacsh 
049 |a UAMI 
100 1 |a Leleux, Benoit. 
245 1 0 |a Private equity 4.0 :  |b reinventing value creation /  |c Benoit Leleux, Hans van Swaay, Esmeralda Megally. 
264 1 |a Hoboken, New Jersey :  |b Wiley,  |c 2015. 
300 |a 1 online resource 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
500 |a Includes index. 
520 |a "A multi-perspective look at private equity's inner workingsPrivate Equity 4.0 provides an insider perspective on the private equity industry, and analyzes the fundamental evolution of the private equity asset class over the past 30 years, from alternative to mainstream. The book provides insightful interviews of key industry figures, and case studies of some of the success stories in the industry. It also answers key questions related to strategy, fund manager selection, incentive mechanisms, performance comparison, red flags in prospectuses, and more. Private Equity 4.0 offers guidance for the many stakeholders that could benefit from a more complete understanding of this special area of finance. Understand the industry's dominant business models Discover how value is created and performance measured Perform a deep dive into the ecosystem of professionals that make the industry hum, including the different incentive systems that support the industry's players Elaborate a clear set of guidelines to invest in the industry and deliver better performance Written by a team of authors that combine academic and industry expertise to produce a well-rounded perspective, this book details the inner workings of private equity and gives readers the background they need to feel confident about committing to this asset class. Coverage includes a historical perspective on the business models of the three major waves of private equity leading to today's 4.0 model, a detailed analysis of the industry today, as well as reflections on the future of private equity and prospective futures. It also provides readers with the analytical and financial tools to analyze a fund's performance, with clear explanations of the mechanisms, organizations, and individuals that make the system work. The authors demystify private equity by providing a balanced, but critical, review of its contributions and shortcomings and moving beyond the simplistic journalistic descriptions. Its ecosystem is complex and not recognizing that complexity leads to inappropriate judgments. Because of its assumed opacity and some historical deviant (and generally transient) practices, it has often been accused of evil intents, making it an ideal scapegoat in times of economic crisis, prodding leading politicians and regulators to intervene and demand changes in practices. Unfortunately, such actors were often responding to public calls for action rather than a thorough understanding of the factors at play in this complex interdependent system, doing often more harm than good in the process and depriving economies of one of their most dynamic and creative forces. Self-regulation has clearly shown its limits, but righteous political interventions even more so. Private equity investment can be a valuable addition to many portfolios, but investors need a clear understanding of the forces at work before committing to this asset class. With detailed explanations and expert insights, Private Equity 4.0 is a comprehensive guide to the industry ways and means that enables the reader to capture its richness and sustainability"--  |c Provided by publisher 
588 0 |a Print version record and CIP data provided by publisher. 
504 |a Includes bibliographical references and index. 
505 0 |a Titlepage; Copyright; List of case studies; About the authors; Hans van Swaay; Esmeralda Megally; Professional Acknowledgments; Personal acknowledgments; Benoit Leleux; Hans van Swaay; Esmeralda Megally; Foreword; The road to sustainability: from arbitrage to operational value creation; Gaining perspective: The road ahead; Introduction; Private equity at the crossroads; An historical perspective to gain insights for the future; Private equity: all about people; The best capitalism has to offer? The conceptual groundings; Believers, sceptics and cynics; Notes. 
505 8 |a 1 Private equity: from "alternative" to "mainstream" asset class?Executive summary; Moving into mainstream; A brief history; An increasingly global industry; An industry in the limelight; Notes; 2 Private equity as a business system; Executive summary; Setting the stage; The (apparent) madness of private equity fees; Commitments versus investments; Distributions in cash, please!; Due diligence, leverage, focus and ... incentives; Illiquidity ... and new ways to cope with it; Notes; 3 Value creation in private equity; Executive summary; The art of private equity; Sourcing deals. 
505 8 |a Creating value in private equityExiting investments; The economic impact of private equity; Notes; 4 Private equity performance; Executive Summary; Performance metrics; Valuing realized and unrealized investments; Reporting fund performance; Membership and self-reporting biases; Performance by segments; Performance by fund size; The persistence effect; The timing effect; Comparison against benchmarks; Correlation to other asset classes; Notes; 5 The main characters in private equity; Executive summary; Size matters: fund sizes, deal sizes and other dimension issues! 
505 8 |a Global alternative asset managersRegional, domestic and multi-country funds; Mid-market funds; Venture capital funds; Distressed private equity; Secondary funds; Funds-of-funds; Institutional limited partners; Notes; 6 The supporting cast; Executive summary; London as European centre of gravity; The private equity ecosystem: follow the fees; Investment banks; Lending banks; Accountancy firms; Law firms; Due diligence specialist providers; Strategy consultants; Placement agents; Fund administrators; Recruitment consultants; Public relations agencies; Notes; 7 Investing in a fund. 
505 8 |a Executive summaryThe private equity game; The decision to invest; Choice of investment vehicle; Diversification in a rich marketplace; Timing; The pitch; Manager selection; Due diligence; Subscription to a fund; Capital calls; Monitoring; Distributions; Reporting; Fund liquidation; Notes; 8 The future of private equity; Executive summary; Reports of private equity's death were highly premature; Private equity in a changing world; Conclusion; Note; Index; End User License Agreement. 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Private equity. 
650 6 |a Capital-investissement. 
650 7 |a BUSINESS & ECONOMICS  |x Finance.  |2 bisacsh 
650 7 |a Private equity  |2 fast 
700 1 |a Swaay, Hans van,  |d 1953- 
700 1 |a Megally, Esmeralda,  |d 1977- 
758 |i has work:  |a Private equity 4.0 (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCG36wWyQTQrftb8J3HWCPP  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Leleux, Benoit.  |t Private equity 4.0.  |d Hoboken, New Jersey : Wiley, 2015  |z 9781118939734  |w (DLC) 2014039738 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1895776  |z Texto completo 
938 |a Coutts Information Services  |b COUT  |n 30591091 
938 |a ProQuest Ebook Central  |b EBLB  |n EBL4040041 
938 |a ProQuest Ebook Central  |b EBLB  |n EBL1895776 
938 |a ebrary  |b EBRY  |n ebr11011830 
938 |a EBSCOhost  |b EBSC  |n 941249 
938 |a Recorded Books, LLC  |b RECE  |n rbeEB00596290 
938 |a YBP Library Services  |b YANK  |n 12247513 
938 |a YBP Library Services  |b YANK  |n 12677761 
994 |a 92  |b IZTAP