Category: Corporate Governance
07/10/10
09:52:45 pm, by editor of MarketObservation.com 
, 36 words 
Categories: Performance Measurement, Corporate Governance, Market Characteristics
Public versus Private Equity
Should investors expect higher returns from private equity investments as compensation for the lack of liquidity? Does private equity offer a useful diversification benefit in a balanced portfolio? read the Fama/French opi… more »
05/23/10
08:16:19 am, by editor of MarketObservation.com , 138 words
Categories: Corporate Governance, Market Characteristics, Regulation
David Haarmeyer made us aware of his article "The AIFM directive: a destructive policy for private equity and EU economies," which was written in response to the charges that PE is destructive and a cause of systemic risk. It was published online at Euro… more »
02/28/10
07:34:56 am, by editor of MarketObservation.com , 43 words
Categories: Corporate Governance, Market Characteristics, Regulation
There are strong attempts in both the US and Europe to implement heavy additional regulation measures on private equity. This might be rather populistic attempts as private equity funds hardly have systemic relevance. Find on the following video the opin… more »
12/22/09
07:46:03 am, by editor of MarketObservation.com , 319 words
Categories: Performance Measurement, Corporate Governance, Market Characteristics
In an HBS working paper William A. Sahlman conludes that the root cause of the financial crisis can be found in a broken corporate governance system and shortcomings of the regulatory system. He states that managers and boards of failed firms did not pay… more »
10/21/09
12:52:19 pm, by editor of MarketObservation.com , 110 words
Categories: Various Market Info, Corporate Governance
Here is a link to a study by Charles River Associates which was asked by the Financial Services Authority to conduct an assessment of the impact of the proposed Alternative Investment Fund Manager Directive (AIFMD) on investors, financial markets and ent… more »
10/03/09
Masulis, Ronald W. and Thomas, Randall S., Does Private Equity Create Wealth? The Effects of Private Equity and Derivatives on Corporate Governance (2009). University of Chicago Law Review, Vol. 76, p. 219, 2009; Vanderbilt Law and Economics Research Pap… more »
07/19/09
Achleitner, Ann- Kristin, Betzer, André and Hinterramskogler, Bastian,Private Equity Investors as Corporate Governance Mechanism in Continental Europe(January 2009). CEFS Working Paper No. 2008-15; Best Paper Prize, 7th International Conference on Corpor… more »
05/12/09
05:25:08 am, by editor of MarketObservation.com, 283 words
Categories: Corporate Governance, Market Characteristics
Peter Rip from Crosslink Capital suggests that corporate governance in the venture capital environment could be a role model for regulators and boards in the public capital markets:
NYT: Another View: What V.C. Can Teach Corporate America by Peter Rip… more »
04/30/09
FT: Hedge fund managers warn on EU plans, April 29, 2009
Hedge fund managers and private equity bosses rounded on European Commission plans for sweeping new regulation of their industries, warning that proposals published on Wednesday in Brussels thre… more »
01/19/09
03:48:03 pm, by editor of MarketObservation.com , 164 words
Categories: Corporate Governance, Market Characteristics, News
FT: Private equity funds must be regulated, says EU, Jan. 14, 2009
"The commissioner has acknowledged that there are concerns on the private equity fund front that need to be addressed - notably corporate governance, transparency and reporting.
But… more »
01/12/09
The Guardian: Private equity firms fail to heed transparency rules, Jan. 12, 2009
Private equity firms came under fire after a report revealed the industry failed to comply with its code of conduct on transparency.
Only half of the companies that s… more »
01/11/09
Since the start of MarketObservation.com we have repeatedly mentioned that a lack of corporate governance has been one (but by far not the only one) of the reasons for the tremendous crises of financial institutions. We have pointed out that professional… more »
01/03/09
02:02:57 pm, by editor of MarketObservation.com, 131 words
Categories: Performance Measurement, Corporate Governance, Market Characteristics
Masulis, Ronald W. and Thomas, Randall S.,Does Private Equity Create Wealth? The Effects of Private Equity and Derivatives on Corporate Governance(September 29, 2008). Vanderbilt Law and Economics Research Paper No. 08-20; ECGI - Law Working Paper No. 11… more »
12/24/08
01:09:27 pm, by editor of MarketObservation.com , 77 words
Categories: Investment Strategy, Performance Measurement, Corporate Governance, Market Characteristics
TheMcKinseyQuarterly: The voice of experience: Public versus private equity
"When asked to compare the overall effectiveness of PE and public boards, 15 of the 20 respondents said that PE boards clearly added more value; none said that their public… more »
12/03/08
07:12:49 pm, by editor of MarketObservation.com , 569 words
Categories: Various Market Info, Corporate Governance, Market Characteristics
In a letter to the members of the European Venture Capital Association (EVCA), Chairman Russell tries to differentiate private equity from hedge funds. Such efforts should have been undertaken a bit more early...
Brussels, 3 December 2008
Update on… more »
11/02/08
05:41:44 pm, by editor of MarketObservation.com , 219 words
Categories: Performance Measurement, Corporate Governance, Market Characteristics
Corporate Governance and Value Creation: Evidence from Private Equity by Viral V. Acharya and Conor Kehoe, London Business School, May 2008
Paper abstract:
"We examine deal-level data on private equity transactions in the UK initiated during the pe… more »
10/17/08
04:38:36 pm, by editor of MarketObservation.com, 197 words
Categories: Performance Measurement, Corporate Governance, Entrepreneurship/Leadership/Innovation, Market Characteristics
The Internal Governance of Firms1
Viral V. Acharya Stewart Myers Raghuram Rajan, LBS, NYU and CEPR MIT and NBER GSB Chicago and NBER, Sept. 2008
"Indeed, going private transactions may be viewed as ones which take place when external governance is… more »
08/10/08
08:51:43 am, by editor of MarketObservation.com , 182 words
Categories: Investment Strategy, Corporate Governance, Entrepreneurship/Leadership/Innovation
Achleitner, Ann-Kristin, Schraml, Stephanie and Tappeiner, Florian,Private Equity in Familienunternehmen (Erfahrungen mit Minderheitsbeteiligungen)(April 7, 2008).
Available at SSRN: http://ssrn.com/abstract=11179032008
Paper abstract:
"The paper… more »
06/24/08
07:41:13 am, by editor of MarketObservation.com , 216 words
Categories: Deals, Investment Strategy, Corporate Governance, Market Characteristics
Private Equity Entities and Conglomerates: What are the Differences?, Ann-Kristin Achleitner, Center for Entrepreneurial and Financial Studies, Technische Universität München, TUM Business School, Kay Mueller, Munich University of Technology - Center for… more »
05/02/08
07:54:16 pm, by editor of MarketObservation.com , 361 words
Categories: Investment Strategy, Corporate Governance, Market Characteristics
DIW Berlin: Die Bedeutung von Buy-Outs/Ins für unternehmerische Effizienz, Effektivität und Corporate Governance,
Studie von Dorothea Schäfer und Alexander Fisher im Auftrag des Bundesverbands der deutschen Kapitalbeteiligungsgesellschaft(BVK), Berlin,… 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:
