Private Equity Exits A Practical Analysis Hardcover 2011 Book David Walker
Book is used in very good condition, cover in one place is a bit damage pi.nr.2.
Rest in very good condition.
Please see all pictures and feel free to zoom.
Exits are the lifeblood of private equity: for private equity
investors, at the top of their list of priorities when making an
investment is an understanding of when and how they will realise it in
due course. The methods of exiting private equity investments have
developed over the years, and particularly in the more challenging
economic environment of recent times. To the usual trade sales and
initial public offerings (IPOs) have been added secondary, tertiary (and
more) buy-outs, refinancings, partial sales, private equity house
spin-outs and liquidations. As the economic environment continues to
improve, exits ought to become easier to achieve; but in these uncertain
times, private equity houses will continue to put a significant focus
on what options might be available to them to realise their portfolio
investments, being mindful of not just the economic risks, but also the
legal, tax, regulatory and reputational issues at stake. Management
teams are key to this process and their economic, commercial and
personal priorities cannot be underestimated in what is a very complex
environment of often conflicting aspirations. This practical guide
features contributions by leading specialists (including from Clifford
Chance, Travers Smith, Freshfields and Macfarlanes) on a range of topics
linked to the exit of private equity investments. Topics featured
include preparing for exits, vendor diligence, management issues,
auction sales, partial exits, private equity house spin-outs, IPOs,
refinancing, winding-up, tax and the Luxembourg perspective. Together,
the contributors provide an invaluable guide to the legal, regulatory,
tax and practical elements in play. Whether you are a lawyer in practice
or in-house, this commercially focused new title will provide you with
an invaluable all-round overview of private equity exits.
Thank you for looking :-)