CINXE.COM
Mastering Private Equity: Transformation via Venture Capital, Minority ... - Claudia Zeisberger, Michael Prahl, Bowen White - Google Books
<!DOCTYPE html><html><head><title>Mastering Private Equity: Transformation via Venture Capital, Minority ... - Claudia Zeisberger, Michael Prahl, Bowen White - Google Books</title><link rel="stylesheet" href="/books/css/_a33f2a89320471e58c940b9287b9d4eb/kl_viewport_kennedy_full_bundle.css" type="text/css" /><link rel="stylesheet"href="https://fonts.googleapis.com/css2?family=Product+Sans:wght@400"><script src="/books/javascript/v2_a33f2a89320471e58c940b9287b9d4eb__en.js"></script><script>_OC_Hooks = ["_OC_Page", "_OC_SearchReload", "_OC_TocReload", "_OC_EmptyFunc", "_OC_SearchPage", "_OC_QuotePage" ];for (var _OC_i = 0; _OC_i < _OC_Hooks.length; _OC_i++) {eval("var " + _OC_Hooks[_OC_i] + ";");}function _OC_InitHooks () {for (var i = 0; i < _OC_Hooks.length; i++) {var func = arguments[i];eval( _OC_Hooks[i] + " = func;");}}</script><link rel="canonical" href="https://books.google.com/books/about/Mastering_Private_Equity.html?id=YtooDwAAQBAJ"/><meta property="og:url" content="https://books.google.com/books/about/Mastering_Private_Equity.html?id=YtooDwAAQBAJ"/><meta name="title" content="Mastering Private Equity"/><meta name="description" content="The definitive guide to private equity for investors and finance professionals Mastering Private Equity was written with a professional audience in mind and provides a valuable and unique reference for investors, finance professionals, students and business owners looking to engage with private equity firms or invest in private equity funds. From deal sourcing to exit, LBOs to responsible investing, operational value creation to risk management, the book systematically distils the essence of private equity into core concepts and explains in detail the dynamics of venture capital, growth equity and buyout transactions. With a foreword by Henry Kravis, Co-Chairman and Co-CEO of KKR, and special guest comments by senior PE professionals. This book combines insights from leading academics and practitioners and was carefully structured to offer: A clear and concise reference for the industry expert A step-by-step guide for students and casual observers of the industry A theoretical companion to the INSEAD case book Private Equity in Action: Case Studies from Developed and Emerging Markets Features guest comments by senior PE professionals from the firms listed below: Abraaj • Adams Street Partners • Apax Partners • Baring PE Asia • Bridgepoint • The Carlyle Group • Coller Capital • Debevoise & Plimpton LLP • FMO • Foundry Group • Freshfields Bruckhaus Deringer • General Atlantic • ILPA • Intermediate Capital Group • KKR Capstone • LPEQ • Maxeda • Navis Capital • Northleaf Capital • Oaktree Capital • Partners Group • Permira • Terra Firma "/><meta property="og:title" content="Mastering Private Equity"/><meta property="og:type" content="book"/><meta property="og:site_name" content="Google Books"/><meta property="og:image" content="https://books.google.com.sg/books/publisher/content?id=YtooDwAAQBAJ&printsec=frontcover&img=1&zoom=1&edge=curl&imgtk=AFLRE71Fp-MG-0OP1Z48-iZ1_80fwbDujHZ7crQX7-a87LPcHH9F8TVBtch6w_ZqptrAeMpvITz-v2tOuJAF9Ig4Kyi0nxzhmVz4kH_vKSNHvB3EKlvyhKDhjJgpEXXRmlRB2SO7EL1p"/><link rel="image_src" href="https://books.google.com.sg/books/publisher/content?id=YtooDwAAQBAJ&printsec=frontcover&img=1&zoom=1&edge=curl&imgtk=AFLRE71Fp-MG-0OP1Z48-iZ1_80fwbDujHZ7crQX7-a87LPcHH9F8TVBtch6w_ZqptrAeMpvITz-v2tOuJAF9Ig4Kyi0nxzhmVz4kH_vKSNHvB3EKlvyhKDhjJgpEXXRmlRB2SO7EL1p"/><script></script><style>#gbar,#guser{font-size:13px;padding-top:1px !important;}#gbar{height:22px}#guser{padding-bottom:7px !important;text-align:right}.gbh,.gbd{border-top:1px solid #c9d7f1;font-size:1px}.gbh{height:0;position:absolute;top:24px;width:100%}@media all{.gb1{height:22px;margin-right:.5em;vertical-align:top}#gbar{float:left}}a.gb1,a.gb4{text-decoration:underline !important}a.gb1,a.gb4{color:#00c !important}.gbi .gb4{color:#dd8e27 !important}.gbf .gb4{color:#900 !important} #gbar { padding:.3em .6em !important;}</style></head><body class=""><div id=gbar><nobr><a target=_blank class=gb1 href="https://www.google.com.sg/search?tab=pw">Search</a> <a target=_blank class=gb1 href="https://www.google.com.sg/imghp?hl=en&tab=pi">Images</a> <a target=_blank class=gb1 href="https://maps.google.com.sg/maps?hl=en&tab=pl">Maps</a> <a target=_blank class=gb1 href="https://play.google.com/?hl=en&tab=p8">Play</a> <a target=_blank class=gb1 href="https://www.youtube.com/?tab=p1">YouTube</a> <a target=_blank class=gb1 href="https://news.google.com/?tab=pn">News</a> <a target=_blank class=gb1 href="https://mail.google.com/mail/?tab=pm">Gmail</a> <a target=_blank class=gb1 href="https://drive.google.com/?tab=po">Drive</a> <a target=_blank class=gb1 style="text-decoration:none" href="https://www.google.com.sg/intl/en/about/products?tab=ph"><u>More</u> »</a></nobr></div><div id=guser width=100%><nobr><span id=gbn class=gbi></span><span id=gbf class=gbf></span><span id=gbe></span><a target=_top id=gb_70 href="https://www.google.com/accounts/Login?service=print&continue=https://books.google.com.sg/books%3Fid%3DYtooDwAAQBAJ%26pg%3DPA50%26dq%3D%2522Management%2Bbuyout%2522%2B-wikipedia%26hl%3Den%26sa%3DX&hl=en&ec=GAZACg" class=gb4>Sign in</a></nobr></div><div class=gbh style=left:0></div><div class=gbh style=right:0></div><div role="alert" style="position: absolute; left: 0; right: 0;"><a href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&pg=PA50&dq=%22Management+buyout%22+-wikipedia&hl=en&sa=X&output=html_text" title="Screen reader users: click this link for accessible mode. Accessible mode has the same essential features but works better with your reader."><img border="0" src="//www.google.com/images/cleardot.gif"alt="Screen reader users: click this link for accessible mode. Accessible mode has the same essential features but works better with your reader."></a></div><div class="kd-appbar"><h2 class="kd-appname"><a href="/books">Books</a></h2><div class="kd-buttonbar left" id="left-toolbar-buttons"><a id="appbar-view-print-sample-link" href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&printsec=frontcover&source=gbs_vpt_read"></a><a id="appbar-view-ebook-sample-link" href="https://play.google.com/books/reader?id=YtooDwAAQBAJ&source=gbs_vpt_read"></a><a id="appbar-patents-prior-art-finder-link" href=""></a><a id="appbar-patents-discuss-this-link" href="" data-is-grant=""></a><a id="appbar-read-patent-link" href=""></a><a id="appbar-download-pdf-link" href=""></a></div><div class="kd-buttonbar right" id="right-toolbar-buttons"></div></div><div style="display: none"><ol id="ofe-gear-menu-contents" class="gbmcc"><li class="gbe gbmtc"><a class="gbmt goog-menuitem-content" id="" href="https://www.google.com/accounts/Login?service=print&continue=https://books.google.com.sg/books%3Fop%3Dlibrary&hl=en">My library</a></li><li class="gbe gbmtc"><a class="gbmt goog-menuitem-content" id="" href="http://books.google.com.sg/support/topic/4359341?hl=en-SG">Help</a></li><li class="gbe gbmtc"><a class="gbmt goog-menuitem-content" id="" href="https://books.google.com.sg/advanced_book_search?q=%22Management+buyout%22+-wikipedia">Advanced Book Search</a></li></ol></div><div id="volume-main"><div id="volume-left"><div id=menu_container ><div id="menu_scroll_wrapper"><div id="menu_scroll" role="navigation"><div id="gb-get-book-container"><a href="https://play.google.com/store/books/details?id=YtooDwAAQBAJ&rdid=book-YtooDwAAQBAJ&rdot=1&source=gbs_vpt_read&pcampaignid=books_booksearch_viewport" id="gb-get-book-content">Buy eBook - SGD 72.99</a></div><p id="gb-buy-options-trigger" class="gb-buy-options-link">Get this book in print</p><h3 class=about_title><a name="buy_anchor"></a></h3><div id=buy class=about_content><div id=buy_v><ul style="list-style-type: none; padding-left: 0; margin: 0;"><li><a style="white-space:normal" href="http://www.wiley.com/remtitle.cgi?ISBN=9781119327943" dir=ltr onMouseOver="this.href='http://www.wiley.com/remtitle.cgi?ISBN\x3d9781119327943';return false" onMouseDown="this.href='/url?client\x3dca-google-print\x26format\x3dgoogleprint\x26num\x3d0\x26id\x3dYtooDwAAQBAJ\x26q\x3dhttp://www.wiley.com/remtitle.cgi%3FISBN%3D9781119327943\x26usg\x3dAOvVaw1ih4PkyOupRBeJXPk01YdD\x26source\x3dgbs_buy_r';return true"><span dir=ltr>Wiley.com</span></a></li><li><a style="white-space:normal" href="http://www.amazon.com/gp/search?index=books&linkCode=qs&keywords=9781119327943" dir=ltr onMouseOver="this.href='http://www.amazon.com/gp/search?index\x3dbooks\x26linkCode\x3dqs\x26keywords\x3d9781119327943';return false" onMouseDown="this.href='/url?client\x3dca-google-print\x26format\x3dgoogleprint\x26num\x3d0\x26id\x3dYtooDwAAQBAJ\x26q\x3dhttp://www.amazon.com/gp/search%3Findex%3Dbooks%26linkCode%3Dqs%26keywords%3D9781119327943\x26usg\x3dAOvVaw3-qH0tUXidKFzDJ19fJizW\x26source\x3dgbs_buy_r';return true"><span dir=ltr>Amazon.com</span></a></li><li><a style="white-space:normal" href="http://www.mphonline.com/books/nsearch.aspx?do=detail&pcode=9781119327943" dir=ltr onMouseOver="this.href='http://www.mphonline.com/books/nsearch.aspx?do\x3ddetail\x26pcode\x3d9781119327943';return false" onMouseDown="this.href='/url?client\x3dca-google-print\x26format\x3dgoogleprint\x26num\x3d0\x26id\x3dYtooDwAAQBAJ\x26q\x3dhttp://www.mphonline.com/books/nsearch.aspx%3Fdo%3Ddetail%26pcode%3D9781119327943\x26usg\x3dAOvVaw30C3_EvpmoBQYGVsU4ejf4\x26source\x3dgbs_buy_r';return true"><span dir=ltr>MPH</span></a></li><li><a style="white-space:normal" href="https://www.popular.com.sg/catalogsearch/result/?q=9781119327943" dir=ltr onMouseOver="this.href='https://www.popular.com.sg/catalogsearch/result/?q\x3d9781119327943';return false" onMouseDown="this.href='/url?client\x3dca-google-print\x26format\x3dgoogleprint\x26num\x3d0\x26id\x3dYtooDwAAQBAJ\x26q\x3dhttps://www.popular.com.sg/catalogsearch/result/%3Fq%3D9781119327943\x26usg\x3dAOvVaw2-DDdl3oRmQ2_8m5WxndKf\x26source\x3dgbs_buy_r';return true"><span dir=ltr>Popular</span></a></li><li><hr style="margin-right: 20%; color: #666;"></li><li><a style="white-space:normal" href="https://books.google.com.sg/url?id=YtooDwAAQBAJ&pg=PA50&q=http://www.worldcat.org/oclc/1006342490&clientid=librarylink&usg=AOvVaw1KkY-wb7w4ciV0173821Jx&source=gbs_buy_r"><span dir=ltr>Find in a library</span></a></li><li><a class="secondary" style="white-space:normal" href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&sitesec=buy&source=gbs_buy_r" id="get-all-sellers-link"><span dir=ltr>All sellers</span> »</a></li></ul></div></div><div class=menu id=menu><div class="menu_content" style="margin-bottom:6px"><div style="margin-bottom:4px"><div class="sidebarnav"><table border="0" cellpadding="0" cellspacing="0"><tr><td><div class="sidebarcover"><a href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&printsec=frontcover" onclick="_OC_Page('PP1',this.href); return false;"><img src="https://books.google.com.sg/books/publisher/content?id=YtooDwAAQBAJ&printsec=frontcover&img=1&zoom=5&edge=curl&imgtk=AFLRE71TsiuM8litkjFmF2R4oG_qrgLv5CT5E7g_m-XtvNt3iPxTUtI1R540NSEUSR01M9kzKy359TP42RsI5dTHPkaHNKhjpYepv3_CNgivrN4DXG7hrmkJsVgZRDneJpkrxEGNGPnp" alt="Front Cover" title="Front Cover" height=80 border=1 id=summary-frontcover ></a></div></td><td></td></tr></table></div><div style="clear:both"></div></div><div id="volume-info-sidebar"><h1 class="gb-volume-title" dir=ltr>Mastering Private Equity: Transformation via Venture Capital, Minority ...</h1><span class="addmd">By Claudia Zeisberger, Michael Prahl, Bowen White</span></div><div style="margin-bottom:3px"><form action=/books id=search_form style="margin:0px;padding:0px;" method=get> <input type=hidden name="id" value="YtooDwAAQBAJ"><input type=hidden name="dq" value=""Management buyout" -wikipedia"><table cellpadding=0 cellspacing=0 class="swv-table"><tr><td class="swv-td-search"><span><input id=search_form_input type=text maxlength=1024 class="text_flat swv-input-search" aria-label="Search in this book" name=q value="" title="Go" accesskey=i></span></td><td class="swv-td-space"><div> </div></td><td><input type=submit value="Go"></td></tr></table><script type="text/javascript">if (window['_OC_autoDir']) {_OC_autoDir('search_form_input');}</script></form></div><div><p><a id="sidebar-atb-link" href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&dq=%22Management+buyout%22+-wikipedia&source=gbs_navlinks_s"><span dir=ltr>About this book</span></a></p></div></div></div><div><div id="navbarContainer" class="gb-navbar"></div><script>_OC_InitNavbar({"child_node":[{"title":"My library","url":"https://books.google.com.sg/books?uid=114584440181414684107\u0026source=gbs_lp_bookshelf_list","id":"my_library","collapsed":true},{"title":"My History","url":"","id":"my_history","collapsed":true}],"highlighted_node_id":""});</script><a href="/intl/en/googlebooks/tos.html" target="_blank">Terms of Service</a><h3 class=about_title><a name="pub_info_anchor"></a></h3><div id=pub_info class=about_content><div id=pub_info_v><table cellspacing=0><tr><td><a href="https://books.google.com.sg/url?id=YtooDwAAQBAJ&pg=PA50&q=http://www.wiley.com&linkid=1&usg=AOvVaw1CnvkG-oqduFxrdIAcQWrC&source=gbs_pub_info_r" style="text-decoration:none"><img width=175 height=35 border=0 src="https://pagead2.googlesyndication.com/pagead/imgad?id=CMvMw7qZufCXwQEQvgEYJjIIwHCbPU0c_dg" alt="John Wiley & Sons"></a><tr><td style="font-size:84.6%;color:#666666">Pages displayed by permission of <a class=link_aux href="https://books.google.com.sg/url?id=YtooDwAAQBAJ&pg=PA50&q=http://www.wiley.com&linkid=1&usg=AOvVaw1CnvkG-oqduFxrdIAcQWrC&source=gbs_pub_info_r">John Wiley & Sons</a>. <a style="color:#7777cc;white-space:normal" href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&printsec=copyright&source=gbs_pub_info_r">Copyright</a>. </table></div></div></div></div></div></div></div><div id="volume-center"><div id="scroll_atb" role="main"><div id="toolbar_container"><div style="float:left;white-space:nowrap"><table cellpadding=0 cellspacing=0><tr><td id="l_toolbar"></td><td class=toolbar-pc-cell><table cellpadding=0 cellspacing=0><tr><td class=no-jump-cell align=right><span id=page_label style="margin-right:.5em">Page 50</span></td><td class=arrow style="padding-right:2px"><a href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&pg=PA49&lpg=PA50&focus=viewport&dq=%22Management+buyout%22+-wikipedia" onclick="_OC_EmptyFunc(this.href); return false;"><div class=pagination><div id=prev_btn alt="Previous Page" title="Previous Page" class="SPRITE_pagination_v2_left"></div></div></a></td><td class=arrow><a href="https://books.google.com.sg/books?id=YtooDwAAQBAJ&pg=PA51&lpg=PA50&focus=viewport&dq=%22Management+buyout%22+-wikipedia" onclick="_OC_EmptyFunc(this.href); return false;"><div class=pagination><div id=next_btn alt="Next Page" title="Next Page" class="SPRITE_pagination_v2_right"></div></div></a></td></tr></table></td><td> </td><td id=view_toolbar></td><td id=view_new></td></tr></table></div><div style="float:right"><table cellpadding=0 cellspacing=0><tr><td></td><td id="r_toolbar" style="white-space:nowrap"></td></tr></table></div><div style="clear:both"></div></div><div id="search_bar"></div><div class="gback"><div id="viewport" class="viewport" tabindex="0"><a name="page" accesskey="c"></a><table class="viewport-table" id="container" align="center" cellpadding="0" cellspacing="0"><tr><td valign="top" align="center"><noscript><style type=text/css>.imgg { width:575px;height:820px;background:#eee;padding-bottom:25px}</style><div class=imgg><div align=center><table border=0 cellpadding=0 cellspacing=0 width=500 align=center style="margin-top:2em"><tr><td rowspan=2 valign=top style="width:9px;background:#fff url('/googlebooks/bbl_l.gif') top left repeat-y"><img src="/googlebooks/bbl_tl.gif" width=9 height=7 alt=""></td><td style="background:url('/googlebooks/bbl_t.gif') top left repeat-x"><img width=1 height=7 alt=""></td><td rowspan=2 valign=top style="width:10px;background:#fff url('/googlebooks/bbl_r.gif') top right repeat-y"><img src="/googlebooks/bbl_tr.gif" width=10 height=7 alt=""></td></tr><tr><td align=center style="background:#ff9;text-align:center;line-height:1.2em"><div style="margin:1em"><img width=60 height=60 align=absmiddle src="/googlebooks/restricted_logo.gif" alt=""> <span style="font-weight:bold;font-size:1.2em"><br>Restricted Page</span></div><div style="margin:1em" align=left>You have reached your viewing limit for this book (<a href=https://books.google.com.sg/support/answer/43729?topic=9259&hl=en>why?</a>).</div></td></tr><tr><td><img src="/googlebooks/bbl_bl.gif" width=9 height=9 alt=""></td><td style="background:url('/googlebooks/bbl_b.gif') bottom left repeat-x"><img width=1 height=9 alt=""></td><td><img src="/googlebooks/bbl_br.gif" width=10 height=9 alt=""></td></tr></table></div></div></noscript></td></tr></table></div></div><script>_OC_addFlags({Host:"https://books.google.com.sg/", IsBrowsingHistoryEnabled:1, IsZipitFolderCollectionEnabled:1, IsBooksUnifiedLeftNavEnabled:1, IsBooksRentalEnabled:1});_OC_Run({"page":[{"pid":"PP1","flags":32,"order":0,"h":858},{"pid":"PR3","order":5,"title":"iii"},{"pid":"PR4","order":6,"title":"iv"},{"pid":"PR5","order":7,"title":"v"},{"pid":"PR6","order":8,"title":"vi"},{"pid":"PR7","order":9,"title":"vii"},{"pid":"PR8","order":10,"title":"viii"},{"pid":"PR9","order":11,"title":"ix"},{"pid":"PR10","order":12,"title":"x"},{"pid":"PR11","order":13,"title":"xi"},{"pid":"PR12","order":14,"title":"xii"},{"pid":"PR13","order":15,"title":"xiii"},{"pid":"PR14","order":16,"title":"xiv"},{"pid":"PR15","order":17,"title":"xv"},{"pid":"PR16","order":18,"title":"xvi"},{"pid":"PR17","order":19,"title":"xvii"},{"pid":"PR18","order":20,"title":"xviii"},{"pid":"PA1","order":21,"title":"1"},{"pid":"PA2","order":22,"title":"2"},{"pid":"PA3","order":23,"title":"3"},{"pid":"PA4","order":24,"title":"4"},{"pid":"PA5","order":25,"title":"5"},{"pid":"PA6","order":26,"title":"6"},{"pid":"PA7","order":27,"title":"7"},{"pid":"PA8","order":28,"title":"8"},{"pid":"PA9","order":29,"title":"9"},{"pid":"PA10","order":30,"title":"10"},{"pid":"PA11","order":31,"title":"11"},{"pid":"PA12","order":32,"title":"12"},{"pid":"PA13","order":33,"title":"13"},{"pid":"PA14","order":34,"title":"14"},{"pid":"PA15","order":35,"title":"15"},{"pid":"PA16","order":36,"title":"16"},{"pid":"PA17","order":37,"title":"17"},{"pid":"PA18","order":38,"title":"18"},{"pid":"PA19","order":39,"title":"19"},{"pid":"PA20","order":40,"title":"20"},{"pid":"PA21","order":41,"title":"21"},{"pid":"PA22","order":42,"title":"22"},{"pid":"PA23","order":43,"title":"23"},{"pid":"PA24","order":44,"title":"24"},{"pid":"PA25","order":45,"title":"25"},{"pid":"PA26","order":46,"title":"26"},{"pid":"PA27","order":47,"title":"27"},{"pid":"PA28","order":48,"title":"28"},{"pid":"PA29","order":49,"title":"29"},{"pid":"PA30","order":50,"title":"30"},{"pid":"PA31","order":51,"title":"31"},{"pid":"PA32","order":52,"title":"32"},{"pid":"PA33","order":53,"title":"33"},{"pid":"PA34","order":54,"title":"34"},{"pid":"PA35","order":55,"title":"35"},{"pid":"PA36","order":56,"title":"36"},{"pid":"PA37","order":57,"title":"37"},{"pid":"PA38","order":58,"title":"38"},{"pid":"PA39","order":59,"title":"39"},{"pid":"PA40","order":60,"title":"40"},{"pid":"PA41","order":61,"title":"41"},{"pid":"PA42","order":62,"title":"42"},{"pid":"PA43","order":63,"title":"43"},{"pid":"PA44","order":64,"title":"44"},{"pid":"PA45","order":65,"title":"45"},{"pid":"PA46","order":66,"title":"46"},{"pid":"PA47","order":67,"title":"47"},{"pid":"PA48","order":68,"title":"48"},{"pid":"PA49","flags":8,"order":69,"title":"49"},{"pid":"PA50","flags":8,"order":70,"title":"50"},{"pid":"PA51","flags":8,"order":71,"title":"51"},{"pid":"PA52","flags":8,"order":72,"title":"52"},{"pid":"PA53","flags":8,"order":73,"title":"53"},{"pid":"PA54","order":74,"title":"54"},{"pid":"PA55","order":75,"title":"55"},{"pid":"PA56","order":76,"title":"56"},{"pid":"PA57","order":77,"title":"57"},{"pid":"PA58","order":78,"title":"58"},{"pid":"PA59","order":79,"title":"59"},{"pid":"PA60","order":80,"title":"60"},{"pid":"PA61","order":81,"title":"61"},{"pid":"PA62","order":82,"title":"62"},{"pid":"PA63","order":83,"title":"63"},{"pid":"PA64","order":84,"title":"64"},{"pid":"PA65","order":85,"title":"65"},{"pid":"PA66","order":86,"title":"66"},{"pid":"PA67","order":87,"title":"67"},{"pid":"PA68","order":88,"title":"68"},{"pid":"PA69","order":89,"title":"69"},{"pid":"PA70","order":90,"title":"70"},{"pid":"PA71","order":91,"title":"71"},{"pid":"PA72","order":92,"title":"72"},{"pid":"PA73","order":93,"title":"73"},{"pid":"PA74","order":94,"title":"74"},{"pid":"PA75","order":95,"title":"75"},{"pid":"PA76","order":96,"title":"76"},{"pid":"PA77","order":97,"title":"77"},{"pid":"PA78","order":98,"title":"78"},{"pid":"PA79","order":99,"title":"79"},{"pid":"PA80","order":100,"title":"80"},{"pid":"PA81","order":101,"title":"81"},{"pid":"PA82","order":102,"title":"82"},{"pid":"PA83","order":103,"title":"83"},{"pid":"PA84","order":104,"title":"84"},{"pid":"PA85","order":105,"title":"85"},{"pid":"PA86","order":106,"title":"86"},{"pid":"PA87","order":107,"title":"87"},{"pid":"PA88","order":108,"title":"88"},{"pid":"PA89","order":109,"title":"89"},{"pid":"PA90","order":110,"title":"90"},{"pid":"PA91","order":111,"title":"91"},{"pid":"PA92","order":112,"title":"92"},{"pid":"PA93","order":113,"title":"93"},{"pid":"PA94","order":114,"title":"94"},{"pid":"PA95","order":115,"title":"95"},{"pid":"PA96","order":116,"title":"96"},{"pid":"PA97","order":117,"title":"97"},{"pid":"PA98","order":118,"title":"98"},{"pid":"PA99","order":119,"title":"99"},{"pid":"PA100","order":120,"title":"100"},{"pid":"PA101","order":121,"title":"101"},{"pid":"PA102","order":122,"title":"102"},{"pid":"PA103","order":123,"title":"103"},{"pid":"PA104","order":124,"title":"104"},{"pid":"PA105","order":125,"title":"105"},{"pid":"PA106","order":126,"title":"106"},{"pid":"PA107","order":127,"title":"107"},{"pid":"PA108","order":128,"title":"108"},{"pid":"PA109","order":129,"title":"109"},{"pid":"PA110","order":130,"title":"110"},{"pid":"PA111","order":131,"title":"111"},{"pid":"PA112","order":132,"title":"112"},{"pid":"PA113","order":133,"title":"113"},{"pid":"PA114","order":134,"title":"114"},{"pid":"PA115","order":135,"title":"115"},{"pid":"PA116","order":136,"title":"116"},{"pid":"PA117","order":137,"title":"117"},{"pid":"PA118","order":138,"title":"118"},{"pid":"PA119","order":139,"title":"119"},{"pid":"PA120","order":140,"title":"120"},{"pid":"PA121","order":141,"title":"121"},{"pid":"PA122","order":142,"title":"122"},{"pid":"PA123","order":143,"title":"123"},{"pid":"PA124","order":144,"title":"124"},{"pid":"PA125","order":145,"title":"125"},{"pid":"PA126","order":146,"title":"126"},{"pid":"PA127","order":147,"title":"127"},{"pid":"PA128","order":148,"title":"128"},{"pid":"PA129","order":149,"title":"129"},{"pid":"PA130","order":150,"title":"130"},{"pid":"PA131","order":151,"title":"131"},{"pid":"PA132","order":152,"title":"132"},{"pid":"PA133","order":153,"title":"133"},{"pid":"PA134","order":154,"title":"134"},{"pid":"PA135","order":155,"title":"135"},{"pid":"PA136","order":156,"title":"136"},{"pid":"PA137","order":157,"title":"137"},{"pid":"PA138","order":158,"title":"138"},{"pid":"PA139","order":159,"title":"139"},{"pid":"PA140","order":160,"title":"140"},{"pid":"PA141","order":161,"title":"141"},{"pid":"PA142","order":162,"title":"142"},{"pid":"PA143","order":163,"title":"143"},{"pid":"PA144","order":164,"title":"144"},{"pid":"PA145","order":165,"title":"145"},{"pid":"PA146","order":166,"title":"146"},{"pid":"PA147","order":167,"title":"147"},{"pid":"PA148","order":168,"title":"148"},{"pid":"PA149","order":169,"title":"149"},{"pid":"PA150","order":170,"title":"150"},{"pid":"PA151","order":171,"title":"151"},{"pid":"PA152","order":172,"title":"152"},{"pid":"PA153","order":173,"title":"153"},{"pid":"PA154","order":174,"title":"154"},{"pid":"PA155","order":175,"title":"155"},{"pid":"PA156","order":176,"title":"156"},{"pid":"PA157","order":177,"title":"157"},{"pid":"PA158","order":178,"title":"158"},{"pid":"PA159","order":179,"title":"159"},{"pid":"PA160","order":180,"title":"160"},{"pid":"PA161","order":181,"title":"161"},{"pid":"PA162","order":182,"title":"162"},{"pid":"PA163","order":183,"title":"163"},{"pid":"PA164","order":184,"title":"164"},{"pid":"PA165","order":185,"title":"165"},{"pid":"PA166","order":186,"title":"166"},{"pid":"PA169","order":189,"title":"169"},{"pid":"PA170","order":190,"title":"170"},{"pid":"PA171","order":191,"title":"171"},{"pid":"PA172","order":192,"title":"172"},{"pid":"PA173","order":193,"title":"173"},{"pid":"PA174","order":194,"title":"174"},{"pid":"PA176","order":196,"title":"176"},{"pid":"PA177","order":197,"title":"177"},{"pid":"PA179","order":199,"title":"179"},{"pid":"PA182","order":202,"title":"182"},{"pid":"PA183","order":203,"title":"183"},{"pid":"PA184","order":204,"title":"184"},{"pid":"PA185","order":205,"title":"185"},{"pid":"PA188","order":208,"title":"188"},{"pid":"PA189","order":209,"title":"189"},{"pid":"PA191","order":211,"title":"191"},{"pid":"PA192","order":212,"title":"192"},{"pid":"PA193","order":213,"title":"193"},{"pid":"PA195","order":215,"title":"195"},{"pid":"PA196","order":216,"title":"196"},{"pid":"PA197","order":217,"title":"197"},{"pid":"PA198","order":218,"title":"198"},{"pid":"PA199","order":219,"title":"199"},{"pid":"PA200","order":220,"title":"200"},{"pid":"PA203","order":223,"title":"203"},{"pid":"PA204","order":224,"title":"204"},{"pid":"PA206","order":226,"title":"206"},{"pid":"PA207","order":227,"title":"207"},{"pid":"PA208","order":228,"title":"208"},{"pid":"PA209","order":229,"title":"209"},{"pid":"PA212","order":232,"title":"212"},{"pid":"PA214","order":234,"title":"214"},{"pid":"PA216","order":236,"title":"216"},{"pid":"PA217","order":237,"title":"217"},{"pid":"PA218","order":238,"title":"218"},{"pid":"PA220","order":240,"title":"220"},{"pid":"PA225","order":245,"title":"225"},{"pid":"PA226","order":246,"title":"226"},{"pid":"PA227","order":247,"title":"227"},{"pid":"PA229","order":249,"title":"229"},{"pid":"PA233","order":253,"title":"233"},{"pid":"PA234","order":254,"title":"234"},{"pid":"PA235","order":255,"title":"235"},{"pid":"PA236","order":256,"title":"236"},{"pid":"PA238","order":258,"title":"238"},{"pid":"PA239","order":259,"title":"239"},{"pid":"PA240","order":260,"title":"240"},{"pid":"PA242","order":262,"title":"242"},{"pid":"PA245","order":265,"title":"245"},{"pid":"PA246","order":266,"title":"246"},{"pid":"PA248","order":268,"title":"248"},{"pid":"PA249","order":269,"title":"249"},{"pid":"PA250","order":270,"title":"250"},{"pid":"PA251","order":271,"title":"251"},{"pid":"PA253","order":273,"title":"253"},{"pid":"PA255","order":275,"title":"255"},{"pid":"PA256","order":276,"title":"256"},{"pid":"PA257","order":277,"title":"257"},{"pid":"PA258","order":278,"title":"258"},{"pid":"PA260","order":280,"title":"260"},{"pid":"PA261","order":281,"title":"261"},{"pid":"PA263","order":283,"title":"263"},{"pid":"PA264","order":284,"title":"264"},{"pid":"PA265","order":285,"title":"265"},{"pid":"PA266","order":286,"title":"266"},{"pid":"PA270","order":290,"title":"270"},{"pid":"PA273","order":293,"title":"273"},{"pid":"PA277","order":297,"title":"277"},{"pid":"PA279","order":299,"title":"279"},{"pid":"PA280","order":300,"title":"280"},{"pid":"PA281","order":301,"title":"281"},{"pid":"PA283","order":303,"title":"283"},{"pid":"PA284","order":304,"title":"284"},{"pid":"PA285","order":305,"title":"285"},{"pid":"PA286","order":306,"title":"286"},{"pid":"PA289","order":309,"title":"289"},{"pid":"PA291","order":311,"title":"291"},{"pid":"PA292","order":312,"title":"292"},{"pid":"PA294","order":314,"title":"294"},{"pid":"PA295","order":315,"title":"295"},{"pid":"PA296","order":316,"title":"296"},{"pid":"PA297","order":317,"title":"297"},{"pid":"PA299","order":319,"title":"299"},{"pid":"PA300","order":320,"title":"300"},{"pid":"PA302","order":322,"title":"302"},{"pid":"PA303","order":323,"title":"303"},{"pid":"PA304","order":324,"title":"304"},{"pid":"PA305","order":325,"title":"305"},{"pid":"PA306","order":326,"title":"306"},{"pid":"PA307","order":327,"title":"307"},{"pid":"PA308","order":328,"title":"308"},{"pid":"PA310","order":330,"title":"310"},{"pid":"PA311","order":331,"title":"311"},{"pid":"PA313","order":333,"title":"313"},{"pid":"PA316","order":336,"title":"316"},{"pid":"PA317","order":337,"title":"317"},{"pid":"PA318","order":338,"title":"318"},{"pid":"PA319","order":339,"title":"319"},{"pid":"PA321","order":341,"title":"321"},{"pid":"PA322","order":342,"title":"322"},{"pid":"PA323","order":343,"title":"323"},{"pid":"PA324","order":344,"title":"324"},{"pid":"PA325","order":345,"title":"325"},{"pid":"PA326","order":346,"title":"326"},{"pid":"PA327","order":347,"title":"327"},{"pid":"PA328","order":348,"title":"328"},{"pid":"PA329","order":349,"title":"329"},{"pid":"PA330","order":350,"title":"330"},{"pid":"PA331","order":351,"title":"331"},{"pid":"PA332","order":352,"title":"332"},{"pid":"PA333","order":353,"title":"333"},{"pid":"PA337","order":357,"title":"337"},{"pid":"PA339","order":359,"title":"339"},{"pid":"PA340","order":360,"title":"340"},{"pid":"PA341","order":361,"title":"341"},{"pid":"PA342","order":362,"title":"342"},{"pid":"PA343","order":363,"title":"343"},{"pid":"PA344","order":364,"title":"344"},{"pid":"PA345","order":365,"title":"345"},{"pid":"PA346","order":366,"title":"346"},{"pid":"PA347","order":367,"title":"347"},{"pid":"PA348","order":368,"title":"348"},{"pid":"PA349","order":369,"title":"349"},{"pid":"PA350","order":370,"title":"350"}],"prefix":"https://books.google.com.sg/books?id=YtooDwAAQBAJ\u0026lpg=PA50\u0026dq=%22Management+buyout%22+-wikipedia"},{"fullview":false,"page_width":575,"page_height":820,"font_height":11,"first_content_page":22,"disable_twopage":true,"initial_zoom_width_override":685,"show_print_pages_button":false,"title":"Mastering Private Equity","subtitle":"Transformation via Venture Capital, Minority Investments and Buyouts","attribution":"By Claudia Zeisberger, Michael Prahl, Bowen White","additional_info":{"[JsonBookInfo]":{"BuyLinks":[{"Seller":"Wiley.com","Url":"http://www.wiley.com/remtitle.cgi?ISBN=9781119327943","TrackingUrl":"/url?client=ca-google-print\u0026format=googleprint\u0026num=0\u0026id=YtooDwAAQBAJ\u0026q=http://www.wiley.com/remtitle.cgi%3FISBN%3D9781119327943\u0026usg=AOvVaw1ih4PkyOupRBeJXPk01YdD","IsPublisher":true},{"Seller":"Amazon.com","Url":"http://www.amazon.com/gp/search?index=books\u0026linkCode=qs\u0026keywords=9781119327943","TrackingUrl":"/url?client=ca-google-print\u0026format=googleprint\u0026num=0\u0026id=YtooDwAAQBAJ\u0026q=http://www.amazon.com/gp/search%3Findex%3Dbooks%26linkCode%3Dqs%26keywords%3D9781119327943\u0026usg=AOvVaw3-qH0tUXidKFzDJ19fJizW"},{"Seller":"MPH","Url":"http://www.mphonline.com/books/nsearch.aspx?do=detail\u0026pcode=9781119327943","TrackingUrl":"/url?client=ca-google-print\u0026format=googleprint\u0026num=0\u0026id=YtooDwAAQBAJ\u0026q=http://www.mphonline.com/books/nsearch.aspx%3Fdo%3Ddetail%26pcode%3D9781119327943\u0026usg=AOvVaw30C3_EvpmoBQYGVsU4ejf4"},{"Seller":"Popular","Url":"https://www.popular.com.sg/catalogsearch/result/?q=9781119327943","TrackingUrl":"/url?client=ca-google-print\u0026format=googleprint\u0026num=0\u0026id=YtooDwAAQBAJ\u0026q=https://www.popular.com.sg/catalogsearch/result/%3Fq%3D9781119327943\u0026usg=AOvVaw2-DDdl3oRmQ2_8m5WxndKf"}],"AboutUrl":"https://books.google.com.sg/books?id=YtooDwAAQBAJ","PreviewUrl":"https://books.google.com.sg/books?id=YtooDwAAQBAJ","allowed_syndication_flags":{"allow_disabling_chrome":true},"online_access":{"url":"https://play.google.com/store/books/details?id=YtooDwAAQBAJ\u0026rdid=book-YtooDwAAQBAJ\u0026rdot=1","price":"SGD 72.99","list_price":"SGD 72.99"},"TocLine":[{"Title":"Section II Doing Deals in PE","Pid":"PA69","PgNum":"69","Order":89},{"Title":"Section III Managing PE Investments","Pid":"PA133","PgNum":"133","Order":153},{"Title":"Section IV Fund Management and the GPLP Relationship","Pid":"PA197","PgNum":"197","Order":217},{"Title":"Section V The Evolution of PE","Pid":"PA263","PgNum":"263","Order":283},{"Title":"Acknowledgments","Pid":"PA325","PgNum":"325","Order":345},{"Title":"About the Authors","Pid":"PA327","PgNum":"327","Order":347},{"Title":"Glossary","Pid":"PA329","PgNum":"329","Order":349},{"Title":"EULA","Pid":"PA350","PgNum":"350","Order":370}]}},"table_of_contents_page_id":"PR5","max_resolution_image_width":1280,"max_resolution_image_height":1825,"num_toc_pages":3,"quality_info":"We have no quality information about this book.","volume_id":"YtooDwAAQBAJ","permission_info":"Pages displayed by permission of \u003ca class=link_aux href=\"https://books.google.com.sg/url?id=YtooDwAAQBAJ\u0026pg=PA50\u0026q=http://www.wiley.com\u0026linkid=1\u0026usg=AOvVaw1CnvkG-oqduFxrdIAcQWrC\u0026source=gbs_pub_info_r\"\u003eJohn Wiley \u0026amp; Sons\u003c/a\u003e","is_ebook":true,"volumeresult":{"has_flowing_text":false,"has_scanned_text":true,"can_download_pdf":false,"can_download_epub":false,"is_pdf_drm_enabled":false,"is_epub_drm_enabled":false},"publisher":"John Wiley \u0026 Sons","publication_date":"2017.06.06","subject":"Business \u0026 Economics","num_pages":368,"sample_url":"https://play.google.com/books/reader?id=YtooDwAAQBAJ\u0026source=gbs_vpt_hover","synposis":"The definitive guide to private equity for investors and finance professionals Mastering Private Equity was written with a professional audience in mind and provides a valuable and unique reference for investors, finance professionals, students and business owners looking to engage with private equity firms or invest in private equity funds. From deal sourcing to exit, LBOs to responsible investing, operational value creation to risk management, the book systematically distils the essence of private equity into core concepts and explains in detail the dynamics of venture capital, growth equity and buyout transactions. With a foreword by Henry Kravis, Co-Chairman and Co-CEO of KKR, and special guest comments by senior PE professionals. This book combines insights from leading academics and practitioners and was carefully structured to offer: A clear and concise reference for the industry expert A step-by-step guide for students and casual observers of the industry A theoretical companion to the INSEAD case book Private Equity in Action: Case Studies from Developed and Emerging Markets Features guest comments by senior PE professionals from the firms listed below: Abraaj • Adams Street Partners • Apax Partners • Baring PE Asia • Bridgepoint • The Carlyle Group • Coller Capital • Debevoise \u0026 Plimpton LLP • FMO • Foundry Group • Freshfields Bruckhaus Deringer • General Atlantic • ILPA • Intermediate Capital Group • KKR Capstone • LPEQ • Maxeda • Navis Capital • Northleaf Capital • Oaktree Capital • Partners Group • Permira • Terra Firma ","my_library_url":"https://www.google.com/accounts/Login?service=print\u0026continue=https://books.google.com.sg/books%3Fop%3Dlibrary\u0026hl=en","is_magazine":false,"is_public_domain":false,"last_page":{"pid":"PA350","order":370,"title":"350"}},{"enableUserFeedbackUI":true,"pseudocontinuous":true,"is_cobrand":false,"sign_in_url":"https://www.google.com/accounts/Login?service=print\u0026continue=https://books.google.com.sg/books%3Fid%3DYtooDwAAQBAJ%26pg%3DPA50%26dq%3D%2522Management%2Bbuyout%2522%2B-wikipedia%26hl%3Den%26sa%3DX\u0026hl=en","isEntityPageViewport":false,"showViewportOnboarding":false,"showViewportPlainTextOnboarding":false},{"page":[{"pid":"PA50","flags":8,"order":70,"vq":"\u0026quot;Management buyout\u0026quot; -wikipedia"}]},null,{"number_of_results":5,"search_results":[{"page_id":"PA50","page_number":"50","snippet_text":"... \u003cb\u003eManageMent Buyout\u003c/b\u003e (MBo): In an MBO, the incumbent management team initiates the buyout of a company or corporate division with the financial backing of a buyout fund. This arrangement allows PE firms to capitalize on the management\u0026nbsp;..."},{"page_id":"PA81","page_number":"81","snippet_text":"... \u003cb\u003emanagement buyout\u003c/b\u003e ( MBO ) , better opportunities may not come along and hopes are always high that one\u0026#39;s deal will pass the due diligence test . There are other co - conspirators as well . The seller is highly incentivized to make a\u0026nbsp;..."},{"page_id":"PA106","page_number":"106","snippet_text":"... \u003cb\u003emanagement buyout\u003c/b\u003e ) , an independent committee of directors will assume the board\u0026#39;s responsibility ; existing shareholders participating in the buying group will not be included in the shareholder vote to accept or reject the deal . In\u0026nbsp;..."},{"page_id":"PA113","page_number":"113","snippet_text":"... \u003cb\u003emanagement buyout\u003c/b\u003e — and demonstrates the seller\u0026#39;s willingness to keep some \u0026quot; skin in the game . \u0026quot; SHAREHOLDER LOANS : Shareholder loans are the most junior form of debt and are provided by equity shareholders ; these loans are\u0026nbsp;..."},{"page_id":"PA330","page_number":"330","snippet_text":"... \u003cb\u003emanagement buyout\u003c/b\u003e, if driven by an external management a management buy-in, and if by the PE firm then an institutional buyout. Buyouts that use significant amounts of debt are called leveraged buyouts (LBOs). Transactions in which a PE\u0026nbsp;..."}],"search_query_escaped":"\u0026quot;Management buyout\u0026quot; -wikipedia"},{});</script></div></div></div><script>(function() {var href = window.location.href;if (href.indexOf('?') !== -1) {var parameters = href.split('?')[1].split('&');for (var i = 0; i < parameters.length; i++) {var param = parameters[i].split('=');if (param[0] == 'focus') {var elem = document.getElementById(param[1]);if (elem) {elem.focus();}}}}})();</script>