Private Equity: Opportunities and Risks

During the past few decades, private equity (PE) has attracted considerable attention from investors, practitioners, and academicians. In fact, a substantial literature on PE has emerged. PE offers benefits for institutional and private wealth management clients including diversification and enhancement of risk-adjusted returns. However, the lack of transparency, regulatory restrictions, and liquidity concerns that exist for some PE options limit their attractiveness for some investors. Private Equity: Opportunities and Risks offers a synthesis of the theoretical and empirical literature on PE in both emerging and developed markets. The book examines PE and provides important insights about topics such as major types of PE (venture capital, leveraged, buyouts, mezzanine capital, and distressed debt investments), how PE works, performance and measurement, uses and structure, and trends. Readers can gain an in-depth understanding about PE from academics and practitioners from around the world. Private Equity: Opportunities and Risks provides a fresh look at the intriguing yet complex subject of PE. A group of renowned experts take readers through the core topics and issues of PE, and also examine the latest trends and cutting-edge developments in the field. Additionally, discussion of research on PE permeates the book. The coverage extends from discussing basic concepts and their application to increasingly complex and real-world situations. Thus, this volume spans the gamut from theoretical to practical, while offering a useful balance of detailed and user-friendly coverage. This fresh and intriguing examination of PE is essential reading for anyone hoping to gain a better understanding of PE, from seasoned professionals to those aspiring to enter the demanding world of finance. Available in OSO: Contributors to this volume - Parvez Ahmed Ayse Dilara Altiok Yilmaz Emmanuel Boutron Eric Braune Axel Buchner Ji-Woong Chung Alain Coen Douglas Cumming Na Dai Aurelie Desfleurs Shantanu Dutta Grant Fleming Didier Folus Arup Ganguly Lin Ge Alexander Groh Peter Harbula Dean Heller Sofia A. Johan Markus Kuffner Henry Lahr John D. Martin Thomas Meyer Stephen G. Moyer Adrian Oberli Henry Ordower Harlan Platt Esha Prashar Dianna C. Preece Christian Rauch Jean-Michel Sahut Elif Akben Selcuk Alexandros Seretakis Manu Sharma Kenneth Small Jeff Smith Robert Spliid Emery A. Trahan Marc P. Umber Tom Weidig