02712nam 2200565 a 450 991043809060332120200520144314.01-283-90952-93-658-00234-410.1007/978-3-658-00234-3(CKB)2670000000279489(EBL)1082947(OCoLC)813972783(SSID)ssj0000799044(PQKBManifestationID)11459572(PQKBTitleCode)TC0000799044(PQKBWorkID)10755471(PQKB)11453056(DE-He213)978-3-658-00234-3(MiAaPQ)EBC1082947(PPN)168330660(EXLCZ)99267000000027948920121016d2013 uy 0engur|n|---|||||txtccrPrivate equity investments drivers and performance implications of investment cycles /Claudia Sommer1st ed. 2013.Wiesbaden Springer Gabler20131 online resource (319 p.)Gabler Edition Wissenschaft.Schriften zum europaischen ManagementDescription based upon print version of record.3-658-00233-6 Includes bibliographical references.Review of economic and business literature on private equity in Europe -- Development of a theoretical framework on private equity investment cycles -- Analysis of factors driving private equity investment activity on aggregate and industry level -- Analysis of the performance implications of investment cycles -- Practical implications, summary and conclusion.Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data set of more than 40,000 European transactions, she applies a variety of econometrical approaches and shows how neoclassical aspects, information asymmetries, agency conflicts, and market timing contribute to the dynamics in the private equity market. In a performance analysis of more than 1,300 European funds she reveals the resulting performance implications.Schriften zum europäischen ManagementPrivate equityEuropePrivate equity332.63240973Sommer Claudia1065343MiAaPQMiAaPQMiAaPQBOOK9910438090603321Private Equity Investments2544773UNINA