Private Equity Finance - Rise and Repercussions

This book traces the historical rise of private equity finance in the US and UK over the last 40 years. It shows how this new industry has grown as credit markets have grown. It is clearly explained for the non-expert how financial gearing works in a leveraged buyout.

List of contents

Contents The Emergence of Private Equity Finance in the US: Leveraged Buyouts, Institutional Investment, Junk Bonds and the Thrifts Constraints on the Growth of Private Equity Finance: The Emergence of Private Equity Finance in the UK and its Recovery in the US The Expansion of Private Equity Finance in the UK in the Late 1990s and the US Context of the Collapse of the dot.com boom PEF Buyouts in the Twenty First Century: Liquidity and the Credit Crunch The Role of Fees and Gearing in Leveraged Buyouts Theories of Leveraged Buyouts and Theories of Market Instability The Empirical Arguments for Specific Benefits of Private Equity: Returns to Investors, Employment, and Tax Alliance Boots as an Illustration of the Dynamics of Private Equity: Issues of Entitlement, Governance and the Values of Value Bibliography Index

About the author

JAMIE MORGAN has lived and worked in China, Thailand and the USA. He has published in a wide variety of journals on subjects as diverse as political economy, Chinese areas studies, philosophy, international relations theory and social theory. He is currently researcher at the University of Helsinki, Finland.

Summary

This book traces the historical rise of private equity finance in the US and UK over the last 40 years. It shows how this new industry has grown as credit markets have grown. It is clearly explained for the non-expert how financial gearing works in a leveraged buyout.

Product details

• Authors: J Morgan, J. Morgan
• Publisher: Palgrave UK
• Languages: English
• Product format: Paperback / Softback
• Released: 14.01.2014
• EAN: 9781349302567
• ISBN: 978-1-349-30256-7
• No. of pages: 317
• Subjects: Social sciences, law, business > Business > Management; Management, B, Accounting, Finance, Corporate Finance, macroeconomics, Finance, general, Accounting/Auditing, Macroeconomics and Monetary Economics, Macroeconomics/Monetary Economics//Financial Economics, Management & management techniques, Finance & accounting, Financial Economics, Monetary Economics, Management science, Management accounting & bookkeeping, Bookkeeping, Palgrave Economics & Finance Collection, Start-Ups/Venture Capital, New business enterprises, Corporations—Finance, Start-Ups and Venture Capital, Buyout;finance;growth;Investment;Private Equity