The Private Equity Toolkit

A Step-By-Step Guide to Getting Deals Done from Sourcing to Exit





Page: 320

View: 677

Private Equity 4.0

Reinventing Value Creation

Author: Benoît Leleux

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 288

View: 181

“Private equity is more economically significant than ever, as institutions hunt for high returns in a risky world. Private Equity 4.0 examines the role, workings and contribution of this important industry in a straightforward yet revealing manner.” Dr. Josh Lerner Jacob H. Schiff Professor of Investment Banking Chair, Entrepreneurial Management Unit Harvard Business School A multi-perspective look at private equity's inner workings Private Equity 4.0 provides an insider perspective on the private equity industry, and analyzes the fundamental evolution of the private equity asset class over the past 30 years, from alternative to mainstream. The book provides insightful interviews of key industry figures, and case studies of some of the success stories in the industry. It also answers key questions related to strategy, fund manager selection, incentive mechanisms, performance comparison, red flags in prospectuses, and more. Private Equity 4.0 offers guidance for the many stakeholders that could benefit from a more complete understanding of this special area of finance. Understand the industry's dominant business models Discover how value is created and performance measured Perform a deep dive into the ecosystem of professionals that make the industry hum, including the different incentive systems that support the industry's players Elaborate a clear set of guidelines to invest in the industry and deliver better performance Written by a team of authors that combine academic and industry expertise to produce a well-rounded perspective, this book details the inner workings of private equity and gives readers the background they need to feel confident about committing to this asset class. Coverage includes a historical perspective on the business models of the three major waves of private equity leading to today's 4.0 model, a detailed analysis of the industry today, as well as reflections on the future of private equity and prospective futures. It also provides readers with the analytical and financial tools to analyze a fund's performance, with clear explanations of the mechanisms, organizations, and individuals that make the system work. The authors demystify private equity by providing a balanced, but critical, review of its contributions and shortcomings and moving beyond the simplistic journalistic descriptions. Its ecosystem is complex and not recognizing that complexity leads to inappropriate judgments. Because of its assumed opacity and some historical deviant (and generally transient) practices, it has often been accused of evil intents, making it an ideal scapegoat in times of economic crisis, prodding leading politicians and regulators to intervene and demand changes in practices. Unfortunately, such actors were often responding to public calls for action rather than a thorough understanding of the factors at play in this complex interdependent system, doing often more harm than good in the process and depriving economies of one of their most dynamic and creative forces. Self-regulation has clearly shown its limits, but righteous political interventions even more so. Private equity investment can be a valuable addition to many portfolios, but investors need a clear understanding of the forces at work before committing to this asset class. With detailed explanations and expert insights, Private Equity 4.0 is a comprehensive guide to the industry ways and means that enables the reader to capture its richness and sustainability.

Mastering Private Equity

Transformation via Venture Capital, Minority Investments and Buyouts

Author: Claudia Zeisberger

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 368

View: 730

The definitive guide to private equity for investors and finance professionals Mastering Private Equity was written with a professional audience in mind and provides a valuable and unique reference for investors, finance professionals, students and business owners looking to engage with private equity firms or invest in private equity funds. From deal sourcing to exit, LBOs to responsible investing, operational value creation to risk management, the book systematically distils the essence of private equity into core concepts and explains in detail the dynamics of venture capital, growth equity and buyout transactions. With a foreword by Henry Kravis, Co-Chairman and Co-CEO of KKR, and special guest comments by senior PE professionals. This book combines insights from leading academics and practitioners and was carefully structured to offer: A clear and concise reference for the industry expert A step-by-step guide for students and casual observers of the industry A theoretical companion to the INSEAD case book Private Equity in Action: Case Studies from Developed and Emerging Markets Features guest comments by senior PE professionals from the firms listed below: Abraaj • Adams Street Partners • Apax Partners • Baring PE Asia • Bridgepoint • The Carlyle Group • Coller Capital • Debevoise & Plimpton LLP • FMO • Foundry Group • Freshfields Bruckhaus Deringer • General Atlantic • ILPA • Intermediate Capital Group • KKR Capstone • LPEQ • Maxeda • Navis Capital • Northleaf Capital • Oaktree Capital • Partners Group • Permira • Terra Firma

Toolkit for Public–Private Partnerships in Urban Water Supply for the State of Maharashtra, India

Author: Anouj Mehta

Publisher: Asian Development Bank


Category: Technology & Engineering

Page: 222

View: 760

Under the joint initiative of the Government of India and the Asian Development Bank (ADB), "Mainstreaming PPPs in India," ADB supports state public–private partnership (PPP) cells in several challenging sectors in state-specific activities to arrive at possible PPP structures. In Maharashtra, ADB supported the Department of Urban Development and Water Supply and Sanitation to develop possible PPP structures in the water supply and sanitation sector. After studying possible PPP structures, their applicability in the context of selected sample cities were assessed leading to the development of proposed term sheets, which were identified as suitable and feasible for implementation. This tool kit is expected to assist the relevant public entities in Maharashtra state for developing PPP-based projects in water supply and sanitation, and may also be used as reference by similar other cities across the country.

Best Practices Guidelines and Toolkit on Engaging the Private Sector in Skills Development

Author: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)

Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)


Category: Business & Economics

Page: 248

View: 282

"Best Practices Guidelines and Toolkit on Engaging the Private Sector in Skills Development”, jointly developed by UNDP IICPSD and Statistical, Economic and Social Research and Training Centre for Islamic Countries(SESRIC), will inspire, motivate and mobilize the private sector for its active engagement in skills training for employment. The guidelines and toolkit will help stakeholders to collaborate more closely with companies, chambers of commerce and business associations. It outlines how the private sector could contribute to the employability of individuals through providing labour market signals, improving technical and practical skills acquisition, integrating industry know-how and expertise to every step of the trainings and help link skills to placement opportunities. These will ensure that disadvantaged youth, women and other marginalized groups are ready to enter the labour force with possessing the right skills they need to thrive. The 2030 Agenda for Sustainable Development highlights the importance of skills and lifelong learning not only to make individuals competitive in the labour market but also to empower people. Sustainable Development Goal (SDG) 4 reminds us that inclusive, quality education is critical for human development. SDG 8 reminds us that decent work and economic growth can only be achieved through productive capacities. The relationship between skills and employability is fundamental to the success of the SDGs — from eradicating poverty to achieving gender equality to empowering women and girls. Bridging the skills mismatch for greater employability will be a huge leap forward in achieving the SDGs. This publication guarantees to guide all stakeholders in the direction of improving the existing skills and reducing the skills mismatch for greater employability of the target groups. The Guidelines and Toolkit will complement existing UNDP work on sustainable employment and inclusive growth and augments the related efforts of other international organizations.

The AICPA Audit Committee Toolkit

Private Companies

Author: AICPA

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 192

View: 831

The AICPA Audit Committee Toolkit: Private Companies helps audit committees of private companies at all levels discover best practices for managing and incorporating their role within the organization. This toolkit takes the guesswork out of effectively establishing and managing an audit committee by furnishing you with dozens of useful tools and the most common forms for effective audit committee operation, as well as tools specially tailored for private companies. The accompanying download features forms and checklists that you can fill out and save to efficiently create, file, and track your documentation. This new second edition has been updated to include the 2013 revised COSO framework. The checklists and worksheets have been revised to make them more user-friendly. The publication has been updated with relevant regulatory changes. Additionally IFRS guidance has been added. The AICPA Audit Committee Toolkit series is the cornerstone of the Audit Committee Effectiveness Center, located at This newly revised edition of the popular audit committee toolkit is written to help audit committees of private companies to achieve best practices for managing and incorporating their role in the organization. New to this edition of the toolkit Updated with new COSO Framework (May 2013) Improved format for forms and checklists Updated with regulatory changes Includes IFRS guidance Now with downloadable Microsoft Word tools and checklists, this Toolkit offers a broad sampling of matrices, reports, questionnaires and other pertinent materials specifically tailored to private companies and designed to make audit committee best practices actionable.

Mastering Private Equity Set

Author: Claudia Zeisberger

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 350

View: 906

This set combines the definitive guide to private equity with its case book companion, providing readers with both the tools used by industry professionals and the means to apply them to real-life investment scenarios. 1) Mastering Private Equity was written with a professional audience in mind and provides a valuable and unique reference for investors, finance professionals, students and business owners looking to engage with private equity firms or invest in private equity funds. From deal sourcing to exit, LBOs to responsible investing, operational value creation to risk management, the book systematically distils the essence of private equity into core concepts and explains in detail the dynamics of venture capital, growth equity and buyout transactions. With a foreword by Henry Kravis, Co-Chairman and Co-CEO of KKR, and special guest comments by senior PE professionals. 2) Private Equity in Action takes you on a tour of the private equity investment world through a series of case studies written by INSEAD faculty and taught at the world’s leading business schools. The book is an ideal complement to Mastering Private Equity and allows readersto apply core concepts to investment targets and portfolio companies in real-life settings. The 19 cases illustrate the managerial challenges and risk-reward dynamics common to private equity investment. Written with leading private equity firms and their advisors and rigorously tested in INSEAD's MBA, EMBA and executive education programmes, each case makes for a compelling read.

Disruption in the Infrastructure Sector

Challenges and Opportunities for Developers, Investors and Asset Managers

Author: Stefano Gatti

Publisher: Springer Nature


Category: Business & Economics

Page: 212

View: 428

A number of dramatic changes are currently reshaping infrastructure, a sector that investors and asset managers have traditionally considered to be a safe harbor in the field of alternative investments. Understanding the future of infrastructure is indispensable to guaranteeing a sustainable future for our planet and the welfare of the world’s population, and enhancing our knowledge of this asset class is one important step we can take toward reaching this crucial goal. This book collects a series of contributions by a group of Bocconi University researchers under the Antin IP Associate Professorship in Infrastructure Finance, which cover the key megatrends that are expected to reshape the way we think about infrastructure, and the implications for infrastructure investors and asset managers. Its goal is to improve and disseminate the culture of infrastructure among academics, professionals and policymakers. The main focus is on Europe and the European Union, and specifically on three key sectors: power and energy, transportation infrastructure, and telecoms / ICT.

Private Equity in Germany

Evaluation of the Value Creation Potential for German Mid-Cap Companies

Author: Thorsten Gröne

Publisher: ibidem-Verlag / ibidem Press


Category: Business & Economics

Page: 112

View: 239

This study evaluates the value generation potential of private equity for German mid-cap companies. A discussion of the private equity industry and the analysis of the value generation levers serve as a basis to further explore private equity value generation in the German market. First, the special features of German mid-cap companies are examined with a special focus on their financing needs. Second, the German private equity market is introduced and its differentiating features are revealed. The comparison of the findings assesses the general suitability of private equity as a financing option for German mid-cap companies and suggests that many mid-cap companies are not (yet) suited for private equity investments. Finally, the applicability of the identified value generation levers on the German mid-cap segment is analyzed with the help of a conceptual framework in order to evaluate the value generation potential. The results show that the traditional value generation levers are applicable but have to be adjusted with respect to national differences. Private equity associations have to specifically address the strong social considerations in the German business culture and the traditional unity of management, ownership, and supervision in the mid-cap segment in order to realize high rates of return. Anecdotal and recent empirical evidence indicates the relevance of many theoretical conclusions.

Entrepreneur's Toolkit

Tools and Techniques to Launch and Grow Your New Business


Publisher: Harvard Business Review Press


Category: Business & Economics

Page: 258

View: 952

From the basics of writing a business plan to the challenges of developing a marketing and sales program, this is the essential resource for success with a new venture Drawing on rich content from Harvard Business School Publishing and other sources, this concise guide is carefully crafted to provide a highly practical resource for readers with all levels of experience, and will prove especially valuable for the new manager.

Raising Venture Capital Finance in Europe

A Practical Guide for Business Owners, Entrepreneurs and Investors

Author: Keith Arundale

Publisher: Kogan Page Publishers


Category: Business & Economics

Page: 336

View: 387

European private equity investment reached €47 billion in 2005, up 27% from 2004. Funds raised for private equity were €72 billion, up 250% on the previous year, both figures being all time highs. Raising Venture Capital Finance in Europe provides business owners, entrepreneurs and investors alike with a step-by-step approach to exploiting this market and funding new projects effectively. Written by Keith Arundale, an advisor and commentator on the European and US VC and private equity industry for over 20 years, the guide blends business experience with practical approaches to enable the reader to maximize the opportunities available. The book includes a series of real-life case studies from venture capitalists and entrepreneurs from around Europe, each with practical tips for successful venture capital finance raising. With forewords from Sir Paul Judge (Chairman, Enterprise Education Trust) and Patrick Sheehan (Chairman, Venture Capital Committee, European Private Equity and Venture Capital Association) the book begins with a brief introduction to the field, including an analysis of current trends and issues in the industry, and goes on to provide a detailed framework for an objective assessment of each business opportunity. The book looks at sources of finance and private equity, shows how to write a successful business plan, details the entire investment process, and considers the tax and legal issues involved. A particular feature of the book is that it looks at the topic from both sides - showing what the venture capitalist is looking for as well as detailing how an entrepreneur or business owner can make proposals attractive to those investors This means that the reader will be able to minimize time wasted on unnecessary activities and therefore develop investment approaches which are succinct, relevant, and give every chance of success.

The Public Relations Strategic Toolkit

An Essential Guide to Successful Public Relations Practice

Author: Alison Theaker

Publisher: Routledge


Category: Social Science

Page: 418

View: 426

The Public Relations Strategic Toolkit presents guidance to instruct and educate students and professionals of public relations and corporate communications. Alison Theaker and Heather Yaxley cover every aspect of critical practice, including definitions of public relations, key theoretical concepts and both original and established methodological approaches. Case studies and interviews are featured to provide real-world context and advice for professional development. The new edition is fully revised with brand new case studies and updated content which reflect significant developments in theory and contemporary practice. It puts particular emphasis on the use of technology (including automation) and social media in current public relations planning, corporate communications and stakeholder engagement. The book is divided into four parts; covering the profession, public relations planning, corporate communication and stakeholder engagement. Features include: definitions of key terms contemporary case studies interviews with practitioners handy checklists practical activities and assignments. By combining theory and practice, with an invaluable insight from experts in the field, this guide will introduce readers to all the professional skills needed for a career in public relations.

A Guide to Starting Your Hedge Fund

Author: Erik Serrano Berntsen

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 216

View: 628

Successful hedge fund investing begins with well-informedstrategy A Guide to Starting Your Hedge Fund is a practical,definitive "how-to" guide, designed to help managers design andlaunch their own funds, and to help investors select and diligencenew funds. The first book to examine the practical aspects ofsetting up and operating funds with a focus on energy commoditymarkets, this book scrutinises the due diligence process andcomprehensively reviews the opportunities and risks of all energycommodity markets as hedge fund investments. Extensive planning andstrategy advice prove invaluable to prospective fund managers andinvestors alike, and detailed discussion of the markets'constraints help inform procedural decisions. Readers gain insightinto practical matters including legal and commercial structures,due diligence, fund raising, operations, and more, allowing them toconstruct a concrete investment plan before ever touching apenny. Asset managers are looking to energy commodities to provideattractive uncorrelated – if volatile – returns. Thesehigh returns, however, are accompanied by high risk. Few investorshave experience evaluating these investment opportunities, and fewprospective fund managers understand the market fundamentals andtheir associated risks. This book provides the answers sorelylacking in hedge fund literature, giving investors and fundmanagers the background they need to make smarter decisions. Understand the markets' structures, opportunities, andrisks Develop a comprehensive, well-informed investment strategy Conduct thorough due diligence with a detailed plan Examine the practical aspects of fund raising, legal and taxstructure, and more Oil has long been traded by hedge funds, but electricity, thefuels that generate electricity, and the environmental productslike emissions allowances and weather derivatives have become thenew "hot" investment strategies. These high returns come withhigher risk, but A Guide to Starting Your Hedge Fund ensuresparticipants have essential information at their disposal.

The Global Property Investor's Toolkit

A Sourcebook for Successful Decision Making

Author: Colin Barrow

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 464

View: 385

How real estate investors and speculators can take their business global The real estate boom has gone global, and those successful investors who want to keep up their profits are starting to look at emerging markets on other continents. Markets in South America, Eastern Europe, India, and Asia are currently experiencing the rapid growth that mature domestic markets experienced a few years ago. Based on the author's personal experience buying and selling dozens of overseas properties, this book provides all the relevant data investors need to evaluate properties and markets anywhere in the world. Colin Barrow (Hayle, Cornwall, UK) is a non-executive director of two venture capital funds and serves on the UK Government Task Force for Business.

The Integrated Reporting Movement

Meaning, Momentum, Motives, and Materiality

Author: Robert G. Eccles

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 336

View: 559

An in-depth, enlightening look at the integrated reporting movement The Integrated Reporting Movement explores the meaning of the concept, explains the forces that provide momentum to the associated movement, and examines the motives of the actors involved. The book posits integrated reporting as a key mechanism by which companies can ensure their own long-term sustainability by contributing to a sustainable society. Although integrated reporting has seen substantial development due to the support of companies, investors, and the initiatives of a number of NGOs, widespread regulatory intervention has yet to materialize. Outside of South Africa, adoption remains voluntary, accomplished via social movement abetted, to varying degrees, by market forces. In considering integrated reporting’s current state of play, the authors provide guidance to ensure wider adoption of the practice and success of the movement, starting with how companies can improve their own reporting processes. But the support of investors, regulators, and NGOs is also important. All will benefit, as will society as a whole. Readers will learn how integrated reporting has evolved over the years, where frameworks and standards are today, and the practices that help ensure effective implementation—including, but not limited to an extensive discussion of information technology’s role in reporting and the importance of corporate reporting websites. The authors introduce the concepts of an annual board of directors’ “Statement of Significant Audiences and Materiality” and a “Sustainable Value Matrix” tool that translates the statement into management decisions. The book argues that the appropriate combination of market and regulatory forces to speed adoption will vary by country, concluding with four specific recommendations about what must be done to accelerate high quality adoption of integrated reporting around the world.

The In-house Counsel's Essential Toolkit

Author: American Bar Association. Section of Business Law. Committee on Corporate Counsel

Publisher: American Bar Association


Category: Law

Page: 7

View: 771

An authoritative resource for in-house counsel who needs quick access, but detailed analyses, on a broad array of topics faced everyday. The Toolkit provides forms, policies, and practice tips in seven broad practice areas that may not be within counsels' particular area of expertise. The seven practice areas are published as individual volumes covering General Business Contracts; Corporate Governance; Corporate Compliance; Employment Law; Intellectual Property; Litigation; and Training Outside Counsel.

Toolkit for value chain analysis and market development integrating climate resilience and gender responsiveness

Integrating agriculture in National Adaptation Plans (NAP-Ag) Programme

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.


Category: Political Science

Page: 140

View: 179

This toolkit aims to help countries in selecting and analysing value chains for opportunities to improve climate change resilience and reduce gender inequalities. It intends to provide policy makers, planners, project developers, technical advisors and implementers at local, regional or national level with good practices of climate-resilient and gender-responsive value chain development. It aims to act as a repository of relevant tools and methodologies for identifying relevant stakeholders and engaging with them to collect data and analyse it to design interventions. Climate change threatens agricultural value chains, and having a gender-responsive value chain approach is useful in analysing the climate risks, as it looks at stages during and beyond production, while using a more systemic approach to risk management.

The Deployment Toolkit

Military Families and Solutions for a Successful Long-Distance Relationship

Author: Janelle B. Moore

Publisher: Rowman & Littlefield


Category: Family & Relationships

Page: 242

View: 167

Even when we are not at war, military families often deal with stresses such as frequent moves or the absence of a parent. The Deployment Toolkit provides military families with advice for the many challenges they may be faced with when dealing with deployment, including types of separation/deployments, emotional adjustments, and types of support.

Regulatory Assessment Toolkit

A Practical Methodology For Assessing Regulation on Trade and Investment in Services

Author: Martín Molinuevo

Publisher: World Bank Publications


Category: Business & Economics

Page: 128

View: 393

This toolkit is to offer a practical methodology to government officials and staff from development organizations on how to identify and assess laws and regulations that affect international trade and investment in the services sector.

The Family Wealth Sustainability Toolkit

The Manual

Author: Fredda Herz Brown

Publisher: John Wiley & Sons


Category: Business & Economics

Page: 128

View: 193

An interactive assessment tool and companion manual for wealthy families and their financial advisors that analyze the behaviors and knowledge that impact a family’s overall wealth, while also providing best practices needed for improvement The Family Wealth Sustainability Toolkit gives wealthy individuals, family offices, and the financial planners, advisors and wealth managers who counsel them, the tools they need to better assess their wealth sustainability skills. One part assessment software tool and one part companion book, the online Index allows readers to assess their family enterprise across four dimensions of sustainability, while the Manual acts both as a roadmap to analyzing their results and provides a foundation in best practices. The index asks individual family members to assess how much the family, as a unit, utilizes best practices to help build structures, decision making processes, and leadership over generations. The manual shows readers how to reflect on what’s working in their family to build and maintain sustainable wealth and how to fix what isn’t. Throughout both components, the authors emphasize the importance of human, intellectual, and social capital, as well as financial capital, as drivers to sustainability over the long haul. The Family Wealth Sustainability Toolkit: Helps affluent families and their advisors assess how well they are managing wealth now and for the future Evaluates wealth sustainability practices to help readers find out what’s working and what’s not Emphasizes the importance of human, intellectual, and social capital, as well as financial capital, in the quest for wealth sustainability Comprehensive and highly practical, The Family Wealth Sustainability Index carefully explains exactly how affluent families and their financial advisors can best utilize and prepare their wealth now and for generations to come.