LEADER 06483nam 2200817 a 450 001 9910811394203321 005 20200520144314.0 010 $a9786613619877 010 $a9781118238851 010 $a1118238850 010 $a9781119203391 010 $a1119203392 010 $a9781280590047 010 $a1280590041 010 $a9781118225424 010 $a1118225422 035 $a(CKB)2670000000166981 035 $a(EBL)821829 035 $a(OCoLC)770696963 035 $a(SSID)ssj0001331284 035 $a(PQKBManifestationID)11719149 035 $a(PQKBTitleCode)TC0001331284 035 $a(PQKBWorkID)11334678 035 $a(PQKB)11715831 035 $a(Au-PeEL)EBL821829 035 $a(CaPaEBR)ebr10630542 035 $a(CaONFJC)MIL361987 035 $a(CaSebORM)9781118138502 035 $a(MiAaPQ)EBC821829 035 $a(OCoLC)810071435 035 $a(OCoLC)ocn810071435 035 $a(FR-PaCSA)88944913 035 $a(FRCYB88944913)88944913 035 $a(Perlego)1013339 035 $a(EXLCZ)992670000000166981 100 $a20120103d2012 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aPrivate equity $ehistory, governance, and operations /$fHarry Cendrowski ... [et al.] 205 $a2nd ed. 210 $aHoboken, N.J. $cWiley$dc2012 215 $a1 online resource (379 p.) 225 1 $aWiley finance series 225 0$aWiley finance series 300 $aDescription based upon print version of record. 311 08$a9781118138502 311 08$a1118138503 320 $aIncludes bibliographical references and index. 327 $aPrivate Equity: History, Governance, and Operations; Contents; Preface; MODULE I: The Private Equity Model and Historical Information; CHAPTER 1: Introduction to Private Equity; Introduction; What Is Private Equity?; General Terms and Brief Overview; The Limited Partner Agreement and General Partner Incentives; Private Equity Firm Structure and Selected Regulations; Types of Private Equity Investment; The Private Equity Fundraising Process; Recent Fundraising Trends; General Partner Investment Restrictions; Conclusion; Notes; CHAPTER 2: Overview of Historical Trends; Introduction 327 $aA Brief History of Private Equity Private Equity at the Turn of the Century; Venture Capital Investment and Returns by Fund Stage; Venture Capital and Buyout Returns by Fund Size; Secondary Funds; Conclusion; Notes; CHAPTER 3: Trends in Private Equity; Introduction; A Changing Tide; Overall Industry and Fundraising Trends; Selected Regulatory Changes and Proposals; Rise of Strategic Buyers; Conclusion; Notes; CHAPTER 4: Harvesting Private Equity Investments Through Initial Public Offering; Initial Public Offerings; Basics; Initial Steps in the ''Going Public'' Process 327 $aRole of the Securities and Exchange Commission and State Policing Bodies Post-IPO Underwriter Responsibilities; Registration Documents; Historical Trends; Summary; Notes; CHAPTER 5: Legal Considerations in Initial Public Offerings; Introduction; Initial Public Offering; Introduction; Potential Advantages; Potential Disadvantages; Advance Planning Opportunities; Selection of Advisors; Securities Counsel; Accountants; Underwriters; Corporate Housekeeping Matters; Anti-takeover Provisions; Management; The Initial Public Offering Process; Principal Parties; Principal Documents 327 $aSelling Security Holder Documents The Registration Process; Possible Liabilities Faced by a Company and Its Directors and Officers; Liabilities under Federal Securities Laws; The Sarbanes-Oxley Act and Dodd-Frank Act; Public Company Filing Obligations; Initial Public Offering Alternative: Reverse Mergers; Advantages; Disadvantages; Conclusion; CHAPTER 6: Harvesting Investments Through Mergers and Acquisitions; Introduction; M&A Basics; Types of Takeovers; Reverse Takeovers; The Takeover Process and Financial Advisor Selection; Analyzing Potential Buyers; The Sale Process; The Bidding Process 327 $aReaching an Agreement Historical M&A Trends; Conclusion; CHAPTER 7: Legal Considerations in Sale Transactions; Introduction; Sale Transactions; Prior to the Sale Transaction; Use of an Investment Banker; Marketing Process; Due Diligence; Negotiations Phase; Key Deal Issues; Valuation and Pricing Issues; Special Issues in Sales of Private Equity Fund-Owned Businesses; Sale and Acquisition Structure; Merger; Asset Purchase; Stock Purchase; Employee Incentive Issues; Cash Retention Bonus; Stock Bonuses; Recapitalizations; The Sale Transaction Process; Letter of Intent; Disclosure of Acquisitions 327 $aTime and Responsibility Schedule 330 $a"An authoritative guide to understanding the world of private equity (PE) investing, governance structures, and operational assessments of PE portfolio companiesAn essential text for any business/finance professional's library, Private Equity: History, Governance, and Operations, Second Edition begins by presenting historical information regarding the asset class. This information includes historical fundraising and investment levels, returns, correlation of returns to public market indices, and harvest trends. The text subsequently analyzes PE fund and portfolio company governance structures. It also presents ways to improve existing governance structures of these entities. A specific focus on portfolio company operations, including due diligence assessments, concludes the text. Seamlessly blends historical information with practical guidance based on risk management and fundamental accounting techniques Assists the book's professional audience in maximizing returns of their PE investments Highly conducive to advanced, graduate-level classroom use Purchase of the text includes access to a website of teaching materials for instructional use Learn more about PE history, governance, and operations with the authoritative guidance found in Private Equity: History, Governance, and Operations, Second Edition"--$cProvided by publisher. 410 0$aWiley Finance 606 $aPrivate equity 615 0$aPrivate equity. 676 $a332/.041 686 $aBUS001040$2bisacsh 701 $aCendrowski$b Harry$0890205 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910811394203321 996 $aPrivate equity$94104007 997 $aUNINA