IRB Media Summary of Claudia Zeisberger, Michael Prahl & Bowen White's Mastering Private Equity

Annotation

Please note: This is a companion version & not the original book. Book Preview: #1 The first part of the book is an introduction to the institutional private equity market, from early-stage venture capital to growth equity and buyouts. While buyouts have historically been the mainstay of the private equity industry, venture capital and growth equity investment have seen a steady increase as the industry has matured.#2 The Private Equity section of the roadmap is split into five chapters, each focusing on a specific aspect of the industry.#3 Venture capital is the financing of new companies. It is provided by private equity funds in the form of equity or debt.#4 A PE fund is a stand-alone investment vehicle managed by a private equity firm on behalf of a group of investors. The capital is raised with a clear mandate to acquire equity stakes in private companies and divest them over time. Investors include private and public pension funds, endowments, insurance companies, banks, and corporations.