The Oxford Handbook of Private Equity

Zusatztext Douglas Cumming, an international authority in the areas of entrepreneurial finance and venture capital, has successfully put together a collection of authoritative articles on private equity that help the reader to gain a deeper understanding about the structure, governance and performance of private equity. This very important handbook is a must read for students, researchers, and practitioners in the field of private equity. Informationen zum Autor Douglas Cumming is Professor and Ontario Research Chair at the Schulich School of Business, York University. Klappentext This Handbook provides a comprehensive picture of the issues surrounding the structure, governance, and performance of private equity. Zusammenfassung 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. Chapters in this book cover such public investments. The Handbook provides a comprehensive picture of the issues surrounding the structure, governance, and performance of private equity. It comprises contributions from 41 authors based in 14 different countries. The book is organized into eight parts, the first of which introduces the issues, explains the organization of the handbook and briefly summarizes the contributions made by the authors in each of the chapters. Part II covers the topics pertaining to the structure of private equity funds. Part III deals with the performance and governance of leveraged buyouts. Part IV analyzes club deals in private equity, otherwise referred to as syndicated investments with multiple investors per investees. Part V provides analyses of the real effects of private equity. Part VI considers the financial effects of private equity. Part VII provides analyzes of listed private equity. Finally, Part VIII provides international perspectives on private equity. Inhaltsverzeichnis Contents Part I. Introduction Chapter 1 "Introduction to the Oxford University Press Handbook of Private Equity " Douglas Cumming, York University Schulich School of Business Part II. The Structure of Private Equity Funds Chapter 2 "The Private Equity Contract " Steven Davidoff, University of Connecticut School of Law Chapter 3 "Direct Investments in Private Firms by Institutional Investors: Issues and Evidence " Kasper Meisner Nielsen, Hong Kong University of Science and Technology Chapter 4 "The Size and Internal Structure of Private Equity " Dodo zu Knyphausen-Aufseß, Technischen Universität Berlin, Marc Koehnemann, Siegwerk Druckfarben AG, and Florian Willert, Technischen Universität Berlin Part III. Leveraged Buyouts: Structure, Governance and Performance Chapter 5 "Leveraged Buyouts and Public-to-Private Transactions " Luc Renneboog, Tilburg University Chapter 6 "Private Equity and Public Corporations " Jerry Cao, Singapore Management University Chapter 7 "Private Equity Governance and Financing Decisions " Simona Zambelli, University of Bologna Part IV. Private Equity Syndication Chapter 8 "Syndicate Partner Selection: Who Syndicates with Whom? " Peter Roosenboom, Erasmus University Rotterdam School of Management, and Bram van den Bosch, Erasmus University Rotterdam School of Management Chapter 9 "Industry Concentration, Syndication Networks and Competition in the UK Private Equity Market for Management Buyouts " Miguel Meuleman, Vlerick Leuven Gent Management School, Mike Wright, Nottingham Business School Chapter 10 "A Competition Law Analysis of Private Equity 'Club Deals' " Faysal Barrachdi, Houthoff Buruma N.V., Amste...

Auteur
Douglas Cumming is Professor and Ontario Research Chair at the Schulich School of Business, York University.

Texte du rabat

This Handbook provides a comprehensive picture of the issues surrounding the structure, governance, and performance of private equity.

Résumé
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. Chapters in this book cover such public investments. The Handbook provides a comprehensive picture of the issues surrounding the structure, governance, and performance of private equity. It comprises contributions from 41 authors based in 14 different countries. The book is organized into eight parts, the first of which introduces the issues, explains the organization of the handbook and briefly summarizes the contributions made by the authors in each of the chapters. Part II covers the topics pertaining to the structure of private equity funds. Part III deals with the performance and governance of leveraged buyouts. Part IV analyzes club deals in private equity, otherwise referred to as syndicated investments with multiple investors per investees. Part V provides analyses of the real effects of private equity. Part VI considers the financial effects of private equity. Part VII provides analyzes of listed private equity. Finally, Part VIII provides international perspectives on private equity.

Contenu

• Contents

• Part I. Introduction

• Chapter 1

• "Introduction to the Oxford University Press Handbook of Private Equity "

• Douglas Cumming, York University Schulich School of Business

• Part II. The Structure of Private Equity Funds

• Chapter 2

• "The Private Equity Contract "

• Steven Davidoff, University of Connecticut School of Law

• Chapter 3

• "Direct Investments in Private Firms by Institutional Investors: Issues and Evidence "

• Kasper Meisner Nielsen, Hong Kong University of Science and Technology

• Chapter 4

• "The Size and Internal Structure of Private Equity "

• Dodo zu Knyphausen-Aufseß, Technischen Universität Berlin, Marc Koehnemann, Siegwerk Druckfarben AG, and Florian Willert, Technischen Universität Berlin

• Part III. Leveraged Buyouts: Structure, Governance and Performance

• Chapter 5

• "Leveraged Buyouts and Public-to-Private Transactions "

• Luc Renneboog, Tilburg University

• Chapter 6

• "Private Equity and Public Corporations "

• Jerry Cao, Singapore Management University

• Chapter 7

• "Private Equity Governance and Financing Decisions "

• Simona Zambelli, University of Bologna

• Part IV. Private Equity Syndication

• Chapter 8

• "Syndicate Partner Selection: Who Syndicates with Whom? "

• Peter Roosenboom, Erasmus University Rotterdam School of Management, and Bram van den Bosch, Erasmus University Rotterdam School of Management

• Chapter 9

• "Industry Concentration, Syndication Networks and Competition in the UK Private Equity Market for Management Buyouts "

• Miguel Meuleman, Vlerick Leuven Gent Management School, Mike Wright, Nottingham Business School

• Chapter 10

• "A Competition Law Analysis of Private Equity 'Club Deals' "

• Faysal Barrachdi, Houthoff Buruma N.V., Amsterdam

• Part V. Real Effects of Private Equity

• Chapter 11

• "The Real Effects of Private Equity Buyouts "

• Joacim Tåg, Research Institute of Industrial Economics, Stockholm

• Chapter 12

• "Buyouts in Western European Countries: The Impact on Company Growth and Innovation "

• Elisa Ughetto, Politechnico de Torino

• Chapter 13

• "The Limits of Private Equity: Evidence from Denmark "

• Thomas Poulsen, Copenhagen Busin…