Category: Statistics
06/01/13
03:48:11 pm, by editor of MarketObservation.com 
, 199 words 
Categories: Valuation, Statistics, Performance Measurement
Brown, Gregory W., Gredil, Oleg and Kaplan, Steven N., Do Private Equity Funds Game Returns? (May 29, 2013). Available at SSRN: http://ssrn.com/abstract=2271690
Abstract:
By their nature, private equity funds hold assets that are hard to val… more »
03/09/13
02:59:10 pm, by editor of MarketObservation.com , 361 words
Categories: Valuation, Statistics, Market Characteristics
no surprise that specific situations have an impact on the valuation of portfolio companies during the holding period. What matters at the end is net cash in after the liquidation of a fund. In this respect, the cash returns of the top players are attrac… more »
12/23/12
09:48:18 am, by editor of MarketObservation.com , 128 words
Categories: Statistics, Entrepreneurship/Leadership/Innovation, Market Characteristics
Thomas Åstebro, Carlos J. Serrano, Business Partners, Financing, and the Commercialization of Inventions, NBER Working Paper No. 17181, Issued in June 2011Abstract:"This paper studies the effect of business partners on the commercialization of in… more »
12/08/12
10:55:47 am, by editor of MarketObservation.com , 195 words
Categories: Deals, Valuation, Statistics, Performance Measurement, Corporate Governance, Market Characteristics
The answer seems to be clearly No, as a new study shows:Bargeron, Leonce, Schlingemann, Frederik P., Zutter, Chad J. and Stulz, Rene M., Does Target CEO Retention in Acquisitions Involving Private Equity Acquirers Harm Target Shareholders? (December… more »
11/12/12
06:13:29 am, by editor of MarketObservation.com , 266 words
Categories: Statistics, Performance Measurement, Market Characteristics
Steven J. Davis, John C. Haltiwanger, Ron S. Jarmin, Josh Lerner, Javier Miranda, Private Equity and Employment, NBER Working Paper No. 17399, September 2011Abstract:"Private equity critics claim that leveraged buyouts bring huge job losses. To i… more »
10/11/12
06:46:04 am, by editor of MarketObservation.com , 186 words
Categories: Deals, Valuation, Statistics, Performance Measurement, Various Market Info, Asia
Fang, Lily H., Ivashina, Victoria and Lerner, Josh, The Disintermediation of Financial Markets: Direct Investing in Private Equity (October 9, 2012). Available at SSRN: http://ssrn.com/abstract=2159229Abstract: "One of the important issues i… more »
08/03/12
05:51:11 am, by editor of MarketObservation.com , 141 words
Categories: Statistics, Performance Measurement
Ang, Andrew and Sorensen, Morten, Risks, Returns, and Optimal Holdings of Private Equity: A Survey of Existing Approaches (July 30, 2012). Available at SSRN: http://ssrn.com/abstract=2119849Abstract: "We survey the academic literature that e… more »
05/28/12
08:51:52 am, by editor of MarketObservation.com , 133 words
Categories: Valuation, Statistics, Performance Measurement, Entrepreneurship/Leadership/Innovation
Grilli, Luca and Murtinu, Samuele, Government, Venture Capital and the Growth of European High-Tech Start-Ups: A Firm-Level Panel Data Analysis (May 25, 2012). Available at SSRN: http://ssrn.com/abstract=2066867Abstract: "Using an European Union… more »
05/20/12
07:47:37 am, by editor of MarketObservation.com , 238 words
Categories: Statistics, Corporate Governance, Entrepreneurship/Leadership/Innovation, Market Characteristics, Market Structure
"The standard venture-capital contract rewards entrepreneurs only for creating successful companies that go public or are acquired on favorable terms. As a result, entrepreneurs receive no help from venture capital in avoiding the huge idiosyncratic risk… more »
05/16/12
06:04:05 am, by admin , 148 words
Categories: Valuation, Statistics, Performance Measurement, Regulation
Cumming, Douglas J. and Zambelli, Simona, Private Equity Performance Under Extreme Regulation (March 30, 2012). Journal of Banking and Finance, 2012, Forthcoming. Available at SSRN: http://ssrn.com/abstract=2056786
Abstract:
"This study inves… more »
05/13/12
08:17:02 am, by editor of MarketObservation.com , 172 words
Categories: Valuation, Statistics, Investment Strategy, Various Market Info, Market Characteristics
Kauffman Foundatiôn: After Fees and Expenses, Most Investors Will Do Better in Public Markets, May 7, 2012A compelling new report out today from the Ewing Marion Kauffman Foundation describes how most institutional investors, including larger state… more »
04/09/12
06:59:02 pm, by editor of MarketObservation.com , 45 words
Categories: Valuation, Statistics, Performance Measurement, Market Characteristics
The "broad buy out market" outperforms the corresponding public equity benchmark (MSCI regional index), according to Partnersgroup. Key is to select the best performing private equity partnerships. Source: PartnersgroupKeywords: Private Equit… more »
03/27/12
08:37:17 pm, by editor of MarketObservation.com , 120 words
Categories: Statistics, Market Characteristics
Olsson, Martin and Tåg, Joacim, Private Equity and Employees. IFN Working Paper No. 906, March 26, 2012Abstract: "Using linked employer-employee data from Sweden, a difference-in-difference approach, and 201 private equity buyouts undertaken… more »
03/14/12
09:56:15 am, by editor of MarketObservation.com , 21 words
Categories: Deals, Statistics, Market Characteristics
Linklaters has a great new study on European LBO debt:
Linklaters: Negotiating Europe’s LBO debt mountain, 2012
Keywords: Private Equity, LBO Debt more »
03/09/12
09:13:46 am, by editor of MarketObservation.com , 22 words
Categories: Valuation, Statistics, Performance Measurement
Moszoro, Marian, The Math of Private Equity: 2/20, 3-on-5, and 1-in-8 (March 7, 2012). Available at SSRN: http://ssrn.com/abstract=2017764
Keywords: Private Equity, Math of Private Equity more »
02/22/12
06:45:16 am, by editor of MarketObservation.com , 137 words
Categories: Deals, Valuation, Statistics, Performance Measurement, Market Characteristics
Higson, Chris and Stucke, Rüdiger, The Performance of Private Equity (February 16, 2012). Available at SSRN: http://ssrn.com/abstract=2009067
Abstract:
"We present conclusive evidence on the performance of private equity, using a high quality datas… more »
02/09/12
11:53:00 am, by editor of MarketObservation.com , 17 words
Categories: Deals, Valuation, Statistics, Market Structure
PE Hub: European Buyout Market in 2011: A Slideshow of Highlights, Feb. 9, 2012Keywords: Private Equity, LBO, Buy Out more »
01/28/12
09:35:45 am, by editor of MarketObservation.com , 17 words
Categories: Statistics, Investment Strategy, Performance Measurement, Market Characteristics
The Economist: Bain or blessing? Jan. 28, 2012
Keywords: Private Equity, Buy Out, Buy Out Returns, Fund Raising, Leverage more »
01/20/12
06:59:41 am, by editor of MarketObservation.com , 156 words
Categories: Statistics, Performance Measurement, Market Characteristics
Tykvova, Tereza and Borell, Mariela, Do Private Equity Owners Increase Risk of Financial Distress and Bankruptcy? Nov. 2, 2011
Abstract:
"There is some controversy on the key sources of success in the private equity model and on how this bu… more »
12/07/11
05:56:23 am, by editor of MarketObservation.com , 127 words
Categories: Statistics, Performance Measurement
Stucke, Rüdiger, Updating History (December 1, 2011). Available at SSRN: http://ssrn.com/abstract=1967636 Abstract: "The Thomson VentureXpert database has been used for over two decades by practitioners and academics to benchmark and judg… more »
XML Feeds
_________________________________________________________________________________
PRIVATE EQUITY NEWS:
ENTREPRENEUR'S BLOGS:
- Marc Andreessen's Blog (Founder Netscape Communications)
- Richard Branson's Blog
- The Enterprise Network (a Network of Silicon Valley Entrepreneurs)
- Feld Thoughts (from Brad Feld, Founder of Feld Technologies)
- Jonathan's Blog (Jonathan Schwartz, Sun Microsystems)
- Seth Goding (Author and Entrepreneur)
- Lee Hower (Part of the founding Team of LinkedIn
- Ryan McIntyre (Co-Founder Excite)
- Peter Rip (General Partner Crosslink Ventures)
- Peter Schüpbach NewBorn Blog
_________________________________________________________________________________FOUNDER HIGHLIGHTS AND FOUNDER FRUSTRA- TIONS:
VARIOUS LINKS:
- Altassets
- Angel's Corner
- Blogging Buy outs (AOL Money)
- China Venture News
- CMBOR Nottingham Univ.
- Fractals of Change
- From Wall Street to Main Street (Private Equity Blog of Congressman Tom Reynolds
- Innovations-Report
- PrivateEquityBlogger.com
- PrivateEquityFirms.com
- LPX-Private Equity Research
- Private Equity Intelligence
- Private Equity Week
- PWC Money Tree
- Silicon Valley News
- Silicon Valley Watcher
- Standard&Poors (LBO Debt)
- TechConfidential
- TechCrunch
- The Funded (Experiences with VC's)
- Think Equity Blog (Silicon Valley)
- Valleywag (Tech Gossip)
- VCCircle (India)
- Venture Capital Magazin (Germany)
- Venture Economics
_______________________________________________________________________________DEAL RUMORS/DEALS:
ASSOC./INSTITUTES:
- Asian VC Journal
- BVCA (UK)
- Private Equity Guide (Emory Univ.)
- European Corp. Gov. Institute
- EVCA (Europe)
- IVA (Israel)
- NVCA(USA)
- NVCA(India)
- Private Equity Valuation
- Private Equity Council (Washington DC)
- SECA (Switzerland)
- Yale Entrepreneurial Society
PRIVATE EQUITY STATISTICS:
- Dow Jones: Venture Capital Statistics
- Emory Univ: Private Equity Institute (incl. comprehensive Statistics Links)
- Venture Capital and Private Equity Industry (Baker Library Harvard)
_________________________________________________________________________________INTEREST RATES:
_________________________________________________________________________________WORKING PAPERS PRIVATE EQUITY AND VENTURE CAPITAL:
_________________________________________________________________________________DIRECTORIES:
