Introduction to private equity, debt, and real assets: From venture capital to LBO, senior to distressed debt, immaterial to fixed assets

Recommended By: Banikanta Mishra
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Introduction
PART I What are Private Equity, Private Debt and Private Real Assets?
CHAPTER 1 Private Equity as an Economic Driver: An Historical Perspective
1.1 Pooling Interests to Identify and Exploit Sources of Wealth
1.2 Championing Entrepreneurship
1.3 Conclusion: an Attempt at a Definition
References
CHAPTER 2 Modern Private Equity - A French Invention?
2.1 USA: The Foundry of Modern Private Equity
2.2 Europe: Adapting a Successful Model or Creating Its Own?
2.3 Conclusion: Emerging Markets, Building Castles on Sand?
PART II The Private Markets Ecosystem
CHAPTER 3 Private Markets: A Business System Perspective
3.1 We are All Investors in Private Markets
3.2 Organisation and Governance of Private Equity Funds
3.3 Measuring Performance, Managing Risks and Optimising Returns
3.4 Pitfalls and Challenges
3.5 Setting Up an Investment Programme: Portfolio Construction
CHAPTER 4 The Universe of Investment
4.1 Private Equity: Venture, Growth, LBO and TUrn‐Around Capital
4.2 Private Debt: Senior/Direct Lending, Subordinated Debt and Distressed Debt
4.3 Private Real Assets: Real Estate, Infrastructure and Natural Resources
4.4 Other Interventions in Private Markets
4.5 Conclusion
CHAPTER 5 The Process of Investment: A Matter of Trust and Mutual Interest
5.1 Step 1: Preliminary Analysis
5.2 Step 2: Initial Valuation
5.3 Step 3: Due Diligence and Negotiation
5.4 Step 4: Structuring
5.5 Step 5: Complementary Due Diligence
5.6 Step 6: Transaction
5.7 Step 7: Monitoring and Exit
5.8 Conclusion
PART III Private Markets in Teenage Time: Trend Setting, Fads and Responsibilities.
CHAPTER 6 Private Markets Evolution: Trends or Buzzes?
6.1 Is Private Equity Going Mainstream?
6.2 Is Private Equity (Still) Creating Value?
6.3 Private Equity: Between Bubbles and Crashes
6.4 Conclusion
CHAPTER 7 Private Equity and Ethics: A Culture Clash
7.1 Greed
7.2 Destruction
7.3 Philanthropy
7.4 Transparency
7.5 Self‐Regulation or Imposed Regulation?
7.6 Conclusion
CHAPTER 8 General Conclusion: Private Markets Today and Tomorrow
8.1 A Premium to Established Players
8.2 Provide Better Instruments for Risk Measurement
8.3 The Only Valid Leitmotiv: Long‐Term Thinking
8.4 The Impact of Fair Market Value
8.5 A Long‐Term Trend: The Attractiveness of Private Markets
8.6 Private Equity: Future Victim of Its Own Success?
8.7 The Impact of a Better Knowledge of Private Markets
Template 1 (Fund): Architecture of the Private Placement Memorandum of a Private Equity Fund
Template 2 (Fund): Structure of a Limited Partnership Agreement
Template 3 (Fund): Due Diligence Checklist
Template 4 (Fund): Quarterly Report Template
Template 5 (Company): Non‐Disclosure Agreement
Template 6 (Company): Business Plan
Template 7 (Company): Term Sheet
Business Case: Kroton Educacional SA - A Private Equity Operation Can Hide Another One
Exhibits
Glossary
Bibliography
Index
EULA.