Fundamentals of Private Equity and Venture Capital - PEI Media

More documents

Recommendations

Info

Contents About the author iv Getting the most out of this module 5 The institutionalisation of private equity and its meaning for a general partner 5 Building the right structure: roles and responsibilities 6 Human capital: attracting and retaining talent 7 Human capital 7 Attracting talent 8 Retaining talent 8 Carried interest: meaning, uses and calculation 9 Meaning 9 Uses 9 Calculation 10 Effect of GP’s retirement on carried interest 11 Reporting: managing the GP/LP dialogue 11 Objectives 11 Reporting obligations 11 Delivery methods 12 A GP’s technology requirements 12 What does a private equity-specific software package have to do? 12 Operational infrastructure 13 Overview of the process 13 Different steps necessary 14 Timeframe 15 Costs 15 Fund administration requirements 16 Bookkeeping and accounts 16 Investment portfolio activity and custody 16 Secretarial and compliance 17 Outsourcing fund administration – pros and cons 17 Pros 18 Cons 18 Summary 19 COPYING WITHOUT PERMISSION IS UNLAWFUL THE FUNDAMENTALS OF PRIVATE EQUITY iii
About the author David Huckfield – Baring Private Equity International David Huckfield has 20 years’ experience in the international private equity industry as a partner of Baring Private Equity. In 2004 he played a leading role in coordinating and structuring the 8-way management buyout of the Group from ING Bank. Previously he was Group Chief Operations Officer, based in London, responsible for operations and compliance worldwide. During his tenure funds under management grew from $100 million to $2 billion as the Group expanded from a pan-European partnership with four offices to an inter-continental institution with a network of 18 offices in 13 countries managing more than 20 funds. He held more than 60 directorships across the Group and is now a non-executive director of Baring Private Equity International with a focus on corporate governance standards. In this capacity he continues to chair the General Partner Boards of most of the Group’s $3.4 billion of private equity funds operating in Russia, Asia, India, Europe and Latin America. iv THE FUNDAMENTALS OF PRIVATE EQUITY COPYING WITHOUT PERMISSION IS UNLAWFUL
Page 1 and 2:
THE FUNDAMENTALS OF PRIVATE EQUITY
Page 3 and 4:
Contents About the author iv Gettin
Page 5 and 6:
GETTING THE MOST OUT OF THIS MODULE
Page 7 and 8: Module 2: Private equity as an asse
Page 9 and 10: About the author Garry Sharp - inde
Page 11 and 12: Exhibit 3: Distribution when one fu
Page 13 and 14: Module 3: Structuring and raising a
Page 15 and 16: Contents About the author iv Gettin
Page 17 and 18: GETTING THE MOST OUT OF THIS MODULE
Page 19 and 20: Module 4: Venture and development c
Page 25 and 26: Module 5: Management and leveraged
Page 31 and 32: Module 6: Private equity real estat
Page 35 and 36: preceded the private equity hotel c
Page 37 and 38: Module 7: Due diligence COPYING WIT
Page 43 and 44: Module 8: Aftercare and exits COPYI
Page 49 and 50: Module 9: Secondaries and their alt
Page 55 and 56: Exhibit 7: Secondary private equity
Page 57: Published in September 2007 by: PEI
Page 61 and 62: of members including representative
Page 63 and 64: Published in September 2007 by: PEI
Page 65: The Fundamentals of Private Equity
show all

Fundamentals of Private Equity and Venture Capital - PEI Media

Create successful ePaper yourself

Delete template?

Save as template?