Fundamentals of Private Equity and Venture Capital - PEI Media
Fundamentals of Private Equity and Venture Capital - PEI Media
Fundamentals of Private Equity and Venture Capital - PEI Media
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Contents<br />
About the author<br />
iv<br />
Getting the most out <strong>of</strong> this module 5<br />
The evolution <strong>of</strong> venture capital <strong>and</strong> private equity 5<br />
Introduction 5<br />
Evolution <strong>of</strong> the US market 5<br />
Europe 6<br />
Asia 7<br />
The 1990s 8<br />
The dot com bubble 8<br />
<strong>Private</strong> equity today 8<br />
Types <strong>of</strong> private equity 9<br />
The private equity cycle – connecting institutional<br />
investors <strong>and</strong> entrepreneurs 10<br />
The limited partnership 11<br />
Fund manager remuneration 12<br />
Alternatives to pooled funds <strong>and</strong> limited partnerships 12<br />
Single investor funds 12<br />
Fund <strong>of</strong> funds 13<br />
Gatekeepers 13<br />
Secondary funds 13<br />
Why invest in private equity? 13<br />
The modern private equity firm – the shape <strong>of</strong> a GP 13<br />
Type 13<br />
Investment focus 14<br />
Investment style 14<br />
Case study 1: Get big or die; two very different venture capital tales 15<br />
Case Study 2: The management buyout 17<br />
Case study 3: Investor forces an exit 18<br />
Summary 19<br />
COPYING WITHOUT PERMISSION IS UNLAWFUL<br />
THE FUNDAMENTALS OF PRIVATE EQUITY iii