The Complete Direct Investing Handbook

Klappentext

The practical guide to direct investing strategies and best practices The Complete Direct Investing Handbook provides comprehensive guidelines, principles and practical perspectives on this increasingly attractive private equity investment strategy. Interviews with leading family office investors, qualified private equity buyers, and top direct investing advisors provide essential insights, and attention to the nuanced processes of direct investing. The books is a hands-on resource for family offices and those investors interested in generating returns through private company ownership to be more effective in creating returns in a complex market. Direct investing best practices are explored in-depth, with guidance on strategy and the evaluation and assessment of various investment opportunities. The process begins with a codified and specific investment goal, and a robust strategy tailored to the investor's individual needs. Useful insight on 'narrowing the field' helps investors select the appropriate opportunities to meet their investment goals, and practical tools help streamline the process of capital deployment and in turn providing more opportunities to achieve desired returns. Despite the growing interest in direct investing, there is little public information available to investors and there is a lack of transparency into practical standards. This book bridges the gap between strategy and execution, with comprehensive guidance and real-world insights. Define and craft a focused investment thesis and appropriate timeline specific to your needs Identify the right type, size, duration, and risk profile aligned to your investment objectives Gain perspective on real-world direct investing and a deeper understanding of the risks and rewards Better understand best practices and institutional investment rigor to develop bespoke processes and policies that create better outcomes for independent investors Historically, extraordinary wealth has been created through equity in privately-held enterprise. Today, family offices and direct investors are looking more and more toward large capital deployment in early-stage and growth-oriented private equity investments, but are constrained by a lack of informed, established practices. The Complete Direct Investing Handbook provides the much-needed guidance and tools that can improve direct investment outcomes.

Zusammenfassung
The practical guide to direct investing strategies and best practices The Complete Direct Investing Handbook provides comprehensive guidelines, principles and practical perspectives on this increasingly attractive private equity investment strategy.

Inhaltsverzeichnis
Foreword xvPreface xviiAcknowledgments xxiPART I: DIRECT INVESTING AND THE FAMILY OFFICE TESTCHAPTER 1 Introduction to Direct Investing 32008: A Wakeup Call for Investors 5Role of the Family Office and Private Investors 6The Opportunity 9Best Practices 10Key Considerations 12Conclusion 15Notes 16CHAPTER 2 The Emerging Presence of Private Capital in Direct Investing 18Contributing Authors: Nathan Hamilton and Sara HamiltonThe Family Office Marketplace 19The Unique Benefits of Private Capital 21Increased Interest in Private Equity 24Conclusion 30CHAPTER 3 Co-Investment Strategies in Direct Investing 32Defining Co-Investing and Providing Context 32Insights on the Popularity of Co-Investing 33Interest in Co-Investment Strategies 33Roles of the Co-Investor 35Going Solo: Why Co-Investing May Not Be Your Choice 40The Perils and Pearls of Co-Investing 41Vetting Co-Investors 44Club Deals 46Mini Case Study 51Conclusion 51Notes 52CHAPTER 4 Private Equity Strategies: Characteristics and Implications 54Contributing Author: David McCombieWhat Is Private Equity? 55Real Estate 58Venture Capital 62Growth Capital 72Buyouts 75Mezzanine Financing 78Distressed Assets 81Conclusion: Putting It All Together 85Notes 86PART II: DIRECT INVESTING IN ...

Autorentext

KIRBY ROSPLOCK, PhD, is founder and CEO of Tamarind Partners, a consulting firm that advises family offices, ultra-high-net-worth investors, and the wealth management industry. She is a researcher, scholar, educator, and well-respected speaker around the globe on family wealth, family office, and family business. She is also the author of The Complete Family Office Handbook. For more on Dr. Rosplock and Tamarind Partners, visit www.TamarindPartners.com.

Klappentext

The practical guide to direct investing strategies and best practices The Complete Direct Investing Handbook provides comprehensive guidelines, principles and practical perspectives on this increasingly attractive private equity investment strategy. Interviews with leading family office investors, qualified private equity buyers, and top direct investing advisors provide essential insights, and attention to the nuanced processes of direct investing. The books is a hands-on resource for family offices and those investors interested in generating returns through private company ownership to be more effective in creating returns in a complex market. Direct investing best practices are explored in-depth, with guidance on strategy and the evaluation and assessment of various investment opportunities. The process begins with a codified and specific investment goal, and a robust strategy tailored to the investor's individual needs. Useful insight on 'narrowing the field' helps investors select the appropriate opportunities to meet their investment goals, and practical tools help streamline the process of capital deployment and in turn providing more opportunities to achieve desired returns. Despite the growing interest in direct investing, there is little public information available to investors and there is a lack of transparency into practical standards. This book bridges the gap between strategy and execution, with comprehensive guidance and real-world insights. Define and craft a focused investment thesis and appropriate timeline specific to your needs Identify the right type, size, duration, and risk profile aligned to your investment objectives Gain perspective on real-world direct investing and a deeper understanding of the risks and rewards Better understand best practices and institutional investment rigor to develop bespoke processes and policies that create better outcomes for independent investors Historically, extraordinary wealth has been created through equity in privately-held enterprise. Today, family offices and direct investors are looking more and more toward large capital deployment in early-stage and growth-oriented private equity investments, but are constrained by a lack of informed, established practices. The Complete Direct Investing Handbook provides the much-needed guidance and tools that can improve direct investment outcomes.

Inhalt

Foreword xv Preface xvii Acknowledgments xxi PART I: DIRECT INVESTING AND THE FAMILY OFFICE TEST CHAPTER 1 Introduction to Direct Investing 3 2008: A Wakeup Call for Investors 5 Role of the Family Office and Private Investors 6 The Opportunity 9 Best Practices 10 Key Considerations 12 Conclusion 15 Notes 16 CHAPTER 2 The Emerging Presence of Private Capital in Direct Investing 18 Contributing Authors: Nathan Hamilton and Sara Hamilton The Family Office Marketplace 19 The Unique Benefits of Private Capital 21 Increased Interest in Private Equity 24 Conclusion 30 CHAPTER 3 Co-Investment Strategies in Direct Investing 32 Defining Co-Investing and Providing Context 32 Insights on the Popularity of Co-Investing 33 Interest in Co-Investment Strategies 33 Roles of the Co-Investor 35 Going Solo: Why Co-Investing May Not Be Your Choice 40 The Perils and Pearls of Co-Investing 41 Vetting Co-Investors 44 Club Deals 46 Mini Case Study 51 Conclusion 51 Notes 52 CHAPTER 4 Private Equity Strategies: Characteristics and Implications 54 Contributing Author: David McCombie What Is Pri…