Private Equity and Venture Capital : A Practical Guide for Investors and Practioners

With contributions from experts in private equity finance and the leading investors in this growing asset class, this book provides detailed insight into this expanding area of finance. It is essential reading for those who need to understand the risks and returns involved in private equity investment as well as experienced investors who want to profit from markets other than their own. It starts by examining the main US and UK markets and then discusses the developing markets of Europe, Latin America and Asia. The book then analyses the investment risks and returns of private equity and considers the challenges of performance measurement. Market practitioners then discuss investment management techniques, examining global venture capital, leveraged buyouts, corporate governance, managing risk, growth companies, multiple approaches, leveraged build-ups and emerging markets. The following section offers an opportunity to those investing in private equity to explain their strategies. The book then looks at private equity in the context of the capital markets - raising capital for PE funds, IPOs, mezzanine finance, debt, PIPEs. A final section then discusses the prospects for this dynamic sector of finance and highlights the expected areas of growth. Several chapters of this book have been included in the Level I required reading list for Chartered Alternative Investment Analyst Association's Charter Program.