| ||||||||||||
 Trade In this Item for up to £23.10
Get an extra £5 when you trade in books worth £10 or more until June 30, 2012. Trade in Venture Capital and Private Equity: A Casebook for an Amazon.co.uk gift card of up to £23.10, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
|
|
There is a newer edition of this item:
|
Frequently Bought Together
Product details
|
More About the Author
Product Description
Product Description
Whether you are an MBA student, a private equity investor grappling with the industry′s changes, or an investor interested in private equity as a potential investment, Venture Capital & Private Equity: A Casebook, Fourth Edition will shed light on the history and workings of this complex area and prepare you for a career in the prestigious and profitable world of venture capital and private equity.
From the Inside Flap
This new Fourth Edition of Lerner and Hardymon′s classic text reflects the current and future state of the industry as it introduces you to the private equity–venture capital process. Reviewing the history of private equity leading up to today′s environment, the authors give you insight into the ways in which private equity groups work; the key distinctions in the industry; how the concepts of corporate finance are applied to private equity; and valuation approaches––popular techniques as well as less frequently used ones––in practice today.
Through extensively updated real–world cases, Lerner and Hardymon examine:
- How private equity funds are raised and structured
- The features of private equity funds and the actors in the fundraising process
- Interactions between private equity investors and the entrepreneurs they finance
- The critical problems that companies in a private equity portfolio face
- Valuation approaches, from techniques widely used in practice to methods that are likely to be important in the future
- How private equity firms invest in, monitor, and add value to companies
- successful strategies fro exiting investment and returning capital to investors
- The international arena, with examples from Great Britain, Ireland, Germany, Argentina, and China
- Fundamental shifts in the industry and how firms are meeting the challenge
Built upon the solid foundation of its acclaimed Previous editions but thoroughly updated to include the challenges of the 21st century, Venture Capital & Private Equity: A Casebook, Fourth edition remains an essential resource for current and aspiring private equity and venture capital professionals.
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
Sell a Digital Version of This Book in the Kindle Store
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
The case study format is organized into 4 themes 1. Raising & Structuring Funds 2. Making Investments 3. Exiting Invesments 4. Other forms of VC funds so the lessons of each case lead to a larger point. Furthermore, the case study format makes the book more entertaining than academic texts tend to be.
If you are somewhat knowledgeable about private equity then this is a "must read". If you are a beginner make sure you become familiar with the ins & outs of private equity/venture capital before reading or else you may miss a lot of the value of this book.
However, given the rash of recent publicity, stellar performance, and a balooning assets, there's surprisingly little research available about the institutional private equity market. Profs. Lerner and Gompers currently account for probably half of all academic research in this market.
The institutional private equity market is quite different from angel investments. The majority of the capital at the institutional level flows from large investment institutions like public pensions, endowments and insurance companies. Moreover, the personal investing into private companies do so professionally.
More than anything, the book serves as a primer to the institutional private equity market.
The book was intitially meant for HBS and other MBA students. Thus, almost all the content is in case study form. In a lot of respects this is advantageous. In general, a book either has the option of being a primer or providing high level analysis on a very specific topic. Clearly this book is the former. In my opinion, the downfall of most primers are the oversimplification of topics and useless generalizations. Given the early stages of the institutional private equity market, generalizations are especially questionable and difficult. On the other hand, the case method presents users with numerous situations and predicaments facing the participants. As a result, readers gain an understanding of the issues facing this market from a number of perspectives.
This books provides useful information on key topics such as investing and analyzing private equity funds from an institution's perspective, fund of funds, forming a private equity fund, and the direct investments into companies by the private equity funds, along with many other topics. Whatever level the private equity professional is functioning, understanding each of these components I imagine is key.
This casebook provides an very good overview of the institutional private equity market. Likewise, to the best of my knowledge, this is the only book covering this topic.
The case study format is organized into 4 themes (paraphrased): 1. Raising & Structuring Funds, 2. Making Investments, 3. Exiting Invesments, 4. Other forms of VC funds.
so the lessons of each individual case study support a larger and organized theme. Furthermore, the case study format makes the book more entertaining than academic texts tend to be.
If you are somewhat knowledgeable about private equity then this is a "must read". If you are a beginner make sure you become familiar with the ins & outs of private equity/venture capital before reading or else you may miss a lot of the value of this book.
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
