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The complete direct investing handbook : a guide for family offices, qualified purchasers, and accredited investors /

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rosplock, Kirby, 1974- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken, New Jersey : John Wiley & Sons, Inc., [2017]
Colección:Bloomberg financial series.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 4 |a The complete direct investing handbook :  |b a guide for family offices, qualified purchasers, and accredited investors /  |c Kirby Rosplock. 
264 1 |a Hoboken, New Jersey :  |b John Wiley & Sons, Inc.,  |c [2017] 
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504 |a Includes bibliographical references and index. 
505 0 |a Cover -- Title Page -- Copyright -- Contents -- Foreword -- Preface -- Acknowledgments -- Part I: Direct Investing and the Family Office Test -- Chapter 1: Introduction to Direct Investing -- 2008: A Wakeup Call for Investors -- Role of the Family Office and Private Investors -- The Opportunity -- Best Practices -- Key Considerations -- Conclusion -- Notes -- Chapter 2: The Emerging Presence of Private Capital in Direct Investing -- The Family Office Marketplace -- The Unique Benefits of Private Capital -- Increased Interest in Private Equity -- Conclusion -- Chapter 3: Co-Investment Strategies in Direct Investing -- Defining Co-Investing and Providing Context -- Insights on the Popularity of Co-Investing -- Interest in Co-Investment Strategies -- Roles of the Co-Investor -- Going Solo: Why Co-Investing May Not Be Your Choice -- The Perils and Pearls of Co-Investing -- Vetting Co-Investors -- Club Deals -- Mini Case Study -- Conclusion -- Notes -- Chapter 4: Private Equity Strategies: Characteristics and Implications -- What Is Private Equity? -- Real Estate -- Venture Capital -- Growth Capital -- Buyouts -- Mezzanine Financing -- Distressed Assets -- Conclusion: Putting It All Together -- Notes -- Part II: Direct Investing in Action -- Chapter 5: Family Office Considerations to the Direct Investment Process -- Source of Wealth: Lens of the Family Office -- SWOT Analysis for Direct Investing -- Three Phases to the Direct Investing Process -- A Three-Phase Direct Investing Process -- Case Study -- Conclusion -- Notes -- Chapter 6: Designing a Direct Investment Thesis -- Defining the Direct Investment Thesis -- Asset Mix and the Direct Investment Thesis -- Family Pathways and the Direct Investment Thesis -- The Barbell Approach and the Direct Investment Thesis -- Entrepreneurial Orientation and the Direct Investment Thesis. 
505 8 |a Family Investment Style and the Direct Investment Thesis -- Case Study -- Conclusion -- Notes -- Chapter 7: Sourcing, Deal Flow, Screening, and Deploying Direct Investments -- Industry Professionals and Thought Leaders -- Investment Bankers/Business Brokers -- Professional Service Providers -- Commercial Banks -- Private Equity Funds/Family Offices -- Screening Process -- Due Diligence -- Investment Memorandum -- Investment Decision Process -- Conclusion -- Notes -- Chapter 8: Direct Investments: Deal Structures, Terms, and Portfolio Construction -- How to Get Started -- Portfolio Construction -- The Capital Stack -- Equity Transactions -- Types of Debt Instruments -- Mezzanine Debt -- Case Study: Early-Stage Solar Energy Finance Company -- A Primer on Important Term Sheet Items -- Conclusion -- Chapter 9: Investment Monitoring, Exit Strategies, and Harvesting Returns -- Introduction -- Alignment of Objectives -- Monitoring Direct Investments as a Minority Stake Owner -- Why Timing of an Investment Exit and Not Just the Investment Return Is Critical -- Importance of Company Lifecycles with Respect to Timing and Harvesting Returns -- Exit Valuations and Multiples -- Maximizing Liquidity of Illiquid Investments through Pre-Negotiated Rights -- Exit Value Drivers -- Common Exit Strategies -- Mergers and Acquisitions -- Working with Investment Bankers and Key Advisors to the Exit Strategy -- Conclusion -- Notes -- Part III: Direct Investing Perspectives -- Chapter 10: The CIO Perspective -- Sourcing Top CIOs to Oversee Direct Investing in the SFO -- What's the Edge? -- What Defines Success for the CIO? -- The CIO Fit -- Risk Management at the Investment Level and Portfolio Level -- CIO Compensation -- Conclusion -- Chapter 11: The Millennials and Direct Investing: A Look at Impact Investing -- Who Are the Millennials and What Do They Care About? 
505 8 |a Millennials' Respect for the Senior Generation -- Growing Interest in Impact Investing -- Making the Case for Impact Investing -- How to Source Impact Investments -- Experiential Returns: Intangible Benefits of Impact Investing -- Common Challenges and Barriers to Impact Investing -- Systems Thinking: Creating and Sustaining Family Knowledge -- Conclusion -- Notes -- Chapter 12: SCIE: Sustainable Cycle of Investing Engagement -- The Purpose of SCIE -- The SCIE Framework -- Family Purpose, Values, and Mission -- Framing Strategy -- Developing Strategy -- Implementing Strategy -- Capture and Communicate Learning -- Conclusion -- Notes -- Chapter 13: International Direct Investing -- Why Consider International Direct Investing? -- Key Differences between Investing Abroad versus Investing in the United States -- How to Determine Where to Invest -- How Population Change Can Impact Target Market Opportunities -- Keys to Success in International Direct Investing -- The Role of a Partner in International Investing -- Common Mistakes Made by Investors Venturing Abroad -- Risk Mitigation -- Foreign Families in the United States -- Conclusion -- Notes -- Appendix A: Private Equity Strategies Summary -- Appendix B: Sample Due Diligence Checklist -- Appendix C: Glossary -- About the Author -- About the Chapter Authors -- Index -- EULA. 
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