- published: 10 Aug 2013
- views: 69625
In finance, private equity is an asset class consisting of equity securities and debt in operating companies that are not publicly traded on a stock exchange.
A private equity investment will generally be made by a private equity firm, a venture capital firm or an angel investor. Each of these categories of investor has its own set of goals, preferences and investment strategies; however, all provide working capital to a target company to nurture expansion, new-product development, or restructuring of the company’s operations, management, or ownership.
Bloomberg Businessweek has called private equity a rebranding of leveraged-buyout firms after the 1980s. Common investment strategies in private equity include: leveraged buyouts, venture capital, growth capital, distressed investments and mezzanine capital. In a typical leveraged-buyout transaction, a private-equity firm buys majority control of an existing or mature firm. This is distinct from a venture-capital or growth-capital investment, in which the investors (typically venture-capital firms or angel investors) invest in young, growing or emerging companies, and rarely obtain majority control.
Firms seeking new capital will often turn to private equity to get it. Tim Bennett explains why, and also why the industry has taken such a battering in recent years. Visit http://moneyweek.com/youtube for extra videos not found on YouTube. MoneyWeek videos are designed to help you become a better investor, and to give you a better understanding of the markets. They’re aimed at both beginners and more experienced investors. In all our videos we explain things in an easy-to-understand way. Some videos are about important ideas and concepts. Others are about investment stories and themes in the news. The emphasis is on clarity and brevity. We don’t want to waste your time with a 20-minute video that could easily be so much shorter. Related links: - What is an exchange-traded fund?htt...
A speech and Q&A; by David Rubenstein. David speaks about how he got into Private equity and created the Carlyle Group, which is the largest Private Equity fund in the world (2016). He gives valuable insights into his career such as how he was not qualified for private equity, nor had any experience in it but still succeed. He had originally worked in politics. Like if you enjoyed Subscribe for more Follow us on twitter:http://bit.ly/TwitterIA Video Segments: 0:01 Start 1:10 Background/ Early life 11:12 Staring out in Private Equity 13:40 What we did different 18:50 Philanthropy 23:37 What it means to be a entrepreneur/The kind of people I hire 27:46 The USA’s economy 35:25 Start of Q&A; 35:29 Advice for someone looking to go into public service? 37:30 What is the greatest challenge f...
Monday, 4 Mar 2013 | 8:43 AM ET "We are not in the buying and reselling of business," said Warren Buffett, answering CNBC's Andrew Ross Sorkin's question about whether Buffett has changed his views on private equity.
NYT documentary about how Private Equity works and explores the Simmons Mattress deal. The documentary was released on the New York Times. The article was written by Julie Creswell. http://www.nytimes.com/2009/10/05/business/economy/05simmons.html
Private equity refers to company ownership by a specialized investment firm. Typically, a private equity firm will establish a fund and use it to buy multiple businesses, with the goal of selling each one within a few years at a profit. Private equity firms will often target an underperforming business and, after purchasing the company, use their management expertise to improve profitability.
Sherjan Husainie, of Leaders Global Network, offers career workshops in ten major cities around the world. He has worked in both investment banking at Morgan Stanley and in private equity at Google Capital. For more info, visit http://www.leadersgn.com/
Private equity funds are groups of investors that flip companies for a profit. It's the technique they use that makes them special, as senior producer Paddy Hirsch explains. Follow Paddy Hirsch on Twitter: @paddyhirsch More Whiteboard: marketplace.org/whiteboard
Financial News explains some of the main tactics used by experts in the private equity industry to minimise tax bills
A consolidation play looks like an easy winner in the private equity world. Roll up a number of companies in the same industry and you've got scale and pricing power, among other good things. There's just one problem -- such plays are really hard to pull off. Due diligence is the key, the more thorough the better. But even then, surprises can lurk and assumptions can prove wrong. For more on this class session, see: http://knowledge.wharton.upenn.edu/pe/class-05.cfm
Star Mountain Capital CEO, Brett Hickey, introducing himself at the Michigan Private Equity Conference which took place on September 30, 2016 at the Michigan League Convention Center on the University of Michigan’s Ann Arbor campus. © 2016 Star Mountain Capital LLC ALL RIGHTS RESERVED This video is not an offer to, or solicitation of, any potential clients or investors for the provision by Star Mountain Capital of investment management, advisory or any other related services. No material discussed in this video is or should be construed as investment advice, nor is anything on this video an offer to sell, or a solicitation of an offer to buy, any security or other instrument.
Read your free e-book: http://copydl.space/mebk/50/en/B00KQOAFKK/book Privatizing public resources by creating stronger property rights, including so-called rights to pollute, is an increasingly popular environmental policy option. While advocates of this type of market-based environmental policy tend to focus on its efficiency and ecological implications, such policies also raise important considerations of equity and distributive justice. Private Rights in Public Resources confronts these ethical implications directly, balancing political theory and philosophy with detailed analysis of the politics surrounding three important policy instrumentsthe Kyoto Protocol, the 1990 Clean Air Act Amendments, and the 1934 Taylor Grazing Act. Author Leigh Raymond reviews legislative records and admin...
http://j.mp/2cLJd2V
Read your free e-book: http://hotaudiobook.com/mebk/50/en/B00GB1GNJY/book With the private equity industry facing new pressures from investors demanding more in-depth data reporting to greater regulatory scrutiny fund management firms must ensure their business is robust enough to adapt. Investing in the right technology is paramount to building an integrated business environment that is responsive to the pressures and challenges of a constantly evolving global marketplace. Enterprise Technology for Private Equity presents a methodological approach to planning and executing a business transformation programme, making optimal use of It systems to enable and support changes to key processes and functions to enhance client services. Primarily written by Ankur Agarwal this is a vital resourc...
Read your free e-book: http://hotaudiobook.com/mebk/50/en/B006XNJF5Y/book Learn valuable lessons from the newly successful private equity players in China and explore the challenges and opportunities offered in Chinese markets The first book to deal with private equity finance in China, Private Equity in China: Challenges and Opportunities provides much-needed guidance on an investment concept that has so far proved elusive in Asia. Focusing on the opportunities that the Chinese finance market offers to private equity firms, the book shows how these firms can strategically position themselves in order to maximize success in this new marketplace. Private Equity in China includes in-depth case studies illustrating both successful and failed ventures by private equity firms operating in China...
http://j.mp/2diZGJY
Read your free e-book: http://hotaudiobook.com/mebk/50/en/B00333NCN8/book A comprehensive look at the private equity arena With private equity differing from other asset classes, it requires a whole new approach for those trained in more traditional investments such as stocks and bonds. But with the right guidance, you can gain a firm understanding of everything private equity has to offer. This reliable resource provides a comprehensive view of private equity by describing the current state of research and best practices in this arena. Issues addressed include the structure of private equity funds and fundraising, the financial and real returns of private equity, and the structure of private equity investments with investees, to name a few. Discusses the role of private equity in today's ...
Read your free e-book: http://hotaudiobook.com/mebk/50/en/B01BWNXL6S/book Value-creation in Middle Market Private Equity by John A. Lanier holistically examines the ecosystem relationships between middle market private equity firms and their portfolio companies. Small business is the job creating engine in the Us economy, and consequently is a prime target market for private equity investment. Indeed, private equity backs over six of each 100 private sector jobs. Both the small businesses in which private equity firms invest, and the private equity firms making the investments, face interand intra-company fiduciary leadership challenges while implementing formulated strategy. The architecture of each private equity firm-portfolio company relationship must be uniquely crafted to capitalize ...
Read your free e-book: http://hotaudiobook.com/mebk/50/en/B007OSMBB2/book The term private equity typically includes investments in venture capital or growth investment, as well as late stage, mezzanine, turnaround (distressed), and buyout investments. It typically refers to the asset class of equity securities in companies that are not publicly traded on a stock exchange. However, private equity funds do in fact make investments in publicly held companies, and some private equity funds are even publicly listed. Chapters in this book cover both private and public company investments, as well as private and publicly listed private equity funds.this Handbook provides a comprehensive picture of the issues surrounding the structure, governance, and performance of private equity. It comprises c...
Read your free e-book: http://hotaudiobook.com/mebk/50/en/B003FQM39W/book The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in David Stowells introduction to the ways they challenge and sustain each other. Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, his book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence. Its combination of perspectivesdrawn from his industry and academic backgroundsdelivers insights that illuminate the post-2009 reinvention and acclimation processes. Through a broad view of the ways these financial institutions affect corporations, governments, and individuals, Professo...
The financial crisis impacted private equity (PE) along with every other segment of the investment world. Now, new funding is down and competition is up. In addition, good deals are harder to find and exit strategies are harder to implement. Edward J. Mathias, a director of The Carlyle Group, gives a short course in the industry's celebrated past and recent change in circumstances. For more on this class session, see: http://knowledge.wharton.upenn.edu/pe/class-06.cfm
(April 22, 2013) AUBG alumnus Martin Milev has been working as an investment professional for the last 3 years at Oriens Ltd, Danube Fund. In this video, Martin Milev gives a short lecture on private equity deal structures for Professor Miroslav Mateev's Company Valuation course. More about this talk on our website: http://www.aubg.edu/talks/martin-milev-private-equity-deal-structures Find us elsewhere on the web: WEBSITE: http://www.aubg.edu/talks FACEBOOK: http://www.facebook.com/AUBGTalks TWITTER: http://twitter.com/AUBGTalks GOOGLE+: http://plus.google.com/113278525844733479649/ Find out more about our awesome university (American University in Bulgaria): http://www.aubg.edu
Billionaire Stephen Schwarzman interviewed by David Rubenstien. In this interview Stephen discusses early life and how certain opportunities made him what he is today. Stephen also discusses the creation of his firm Blackstone, and how he grew it to become the third largest private equity firm in the world(2016). Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Video Segments: 0:00 Introduction 2:44 Growing up /Fathers business 5:00 Yale 7:05 Lehman Brothers 13:08 Why did you leave Lehman Brothers/ Starting Blackstone 20:06 Trying to raise a fund 22:07 Expanding out of private equity 29:01 Deals you are most proud of and one that got away 37:15 Going public 43:29 Valuation for private equity firms lower than regular asse...
Part 1 of the Private Equity Workshop where the Investment Committee reviewed the private equity asset class, outlining the benefits and drawbacks of Private Equity in the CalPERS portfolio.
October 3, 2008. Henry Kravis, Co-Founder of KKR, discusses the building of his company, the private equity business, and the financial crisis. For more info: www.ludwigbc.com. Ludwig Chincarini productions. To get the book Crisis of Crowding: http://www.amazon.com/The-Crisis-Crowding-Copycats-Bloomberg/dp/1118250028/ref=sr_1_1?ie=UTF8&qid;=1339689840&sr;=8-1&keywords;=the+crisis+of+crowding
Private equity had a bumper year in 2014, with more than $500 billion worth of deals globally--the most since 2007. Corporate buyers returned to the market and valuations continued to rise while interest rates didn't. With an extraordinary series of exits under their belts, PE firms have built up cash in anticipation of a buying spree, but many say the pipeline of attractive deals has narrowed. Our panel of private equity luminaries will share their views about how their strategies are changing amid record valuations and a more complex geopolitical environment. Has credit become a smarter focus than corporate buyouts? Are we in the midst of a tech bubble and has the pain in the oil patch generated opportunities?
Chang Sun, Warburg Pincus Asia, illustrates the critical issues that determine whether a private equity firm can successfully develop a company in its portfolio. In Sun's view, there are four such hurdles: deciding whether a company is a good buy, figuring out the right structure and terms, dealing with the firm's management and making the right call on when to exit. For more on this class session, see: http://knowledge.wharton.upenn.edu/pe/class-11.cfm