Category: Performance Measurement
05/09/13
06:45:11 pm, by editor of MarketObservation.com 
, 16 words 
Categories: Performance Measurement, Entrepreneurship/Leadership/Innovation
Forbes: 5 Reasons the Government Fails at Venture Capital, 2013
Keywords: Government, Venture Capital, Government as Venture Capitalist 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 »
11/30/12
10:07:56 pm, by editor of MarketObservation.com , 186 words
Categories: Performance Measurement, Market Characteristics
Opp, Christian C., Learning, Active Investors, and the Returns of Financially Distressed Firms (June 14, 2012). Available at SSRN: http://ssrn.com/abstract=2181441 or http://dx.doi.org/10.2139/ssrn.2181441
Abstract:
"I develop a dynamic asset… 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 »
06/20/12
11:42:29 pm, by editor of MarketObservation.com , 118 words
Categories: Performance Measurement, Market Characteristics
Chung, Ji-Woong, Performance Persistence in Private Equity Funds (March 1, 2012). Available at SSRN: http://ssrn.com/abstract=1686112 or http://dx.doi.org/10.2139/ssrn.1686112
Abstract:
"Performance persistence in the private equity industr… 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 »
05/18/12
08:02:37 am, by editor of MarketObservation.com , 159 words
Categories: Valuation, Performance Measurement, Various Market Info, Market Characteristics
A latest Kauffman Foundation publication stating that VC funds were not able to deliver the superior returns as many might have expected, created a lot of heat in the VC scene. Here is one of the responses to the publication:Good money after bad:… 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 »
04/16/12
02:21:15 pm, by editor of MarketObservation.com , 246 words
Categories: Deals, Performance Measurement, Corporate Governance
Noe, Thomas H., Blood and Money: Kin Altruism and the Governance of the Family Firm (April 15, 2012). Available at SSRN: http://ssrn.com/abstract=2039870
Abstract:
"This paper develops a theory of family-firm governance based on inclusive fit… 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 »
03/18/12
09:14:38 am, by editor of MarketObservation.com , 154 words
Categories: Performance Measurement, Corporate Governance, Market Characteristics
Dow, James, Board Incentives and CEO Turnover (March 16, 2012). Available at SSRN: http://ssrn.com/abstract=2024994
Abstract:
This paper shows that corporate boards will be reluctant to replace CEOs because firing sends a negative signal to the mar… more »
03/13/12
10:06:16 pm, by editor of MarketObservation.com , 141 words
Categories: Performance Measurement, Corporate Governance, Market Characteristics
Ai, Hengjie and Li, Rui, Moral Hazard, Investment, and Firm Dynamics (January 11, 2012). Available at SSRN: http://ssrn.com/abstract=2020089
Abstract:
"We present a dynamic general equilibrium model with heterogeneous firms. Owners of firms d… 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 »
03/03/12
07:44:00 am, by editor of MarketObservation.com , 122 words
Categories: Deals, Valuation, Performance Measurement, Market Characteristics, Regulation
Achleitner, Ann-Kristin and Figge, Christian, Private Equity Lemons? Evidence on Value Creation in Secondary Buyouts (January 12, 2012). European Financial Management, Forthcoming. Available at SSRN: http://ssrn.com/abstract=1983909
Abstract:
"This… more »
02/23/12
07:05:12 am, by editor of MarketObservation.com , 200 words
Categories: Performance Measurement, Entrepreneurship/Leadership/Innovation, Market Characteristics
Nicholas Bloom, Christos Genakos, Raffaella Sadun, John Van Reenen, Management Practices Across Firms and Countries, NBER Working Paper No. 17850Issued in February 2012"For the last decade we have been using double-blind survey techniques and ran… 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 »
02/20/12
08:50:04 am, by editor of MarketObservation.com , 61 words
Categories: Deals, Performance Measurement, Market Characteristics
Following paper is some years old but still important as it shows that capital structure matters a lot in designing incentive schemes which do not create moral hazard issues. Debt is an important factor in such structuring.
Koufopoulos, Kostas, Manag… more »
01/30/12
07:22:41 am, by editor of MarketObservation.com , 28 words
Categories: Deals, Investment Strategy, Performance Measurement, Market Characteristics
The Facebook IPO could fuel fund raising for social media related companies:
WSJ: Facebook IPO: Is Another VC Boom on the Horizon? Jan. 27, 2012
Keywords: IPO, Tech Companies, Facebook 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:
