Additional information
by Harry Cendrowski (Author), Louis W. Petro (Author), James P. Martin (Author)
An authoritative guide to understanding the world of private equity (PE) investing, governance structures, and operational assessments of PE portfolio companies
An essential text for any business/finance professional's library, Private Equity: History, Governance, and Operations, Second Edition begins by presenting historical information regarding the asset class. This information includes historical fundraising and investment levels, returns, correlation of returns to public market indices, and harvest trends. The text subsequently analyzes PE fund and portfolio company governance structures. It also presents ways to improve existing governance structures of these entities. A specific focus on portfolio company operations, including due diligence assessments, concludes the text.
- Seamlessly blends historical information with practical guidance based on risk management and fundamental accounting techniques
- Assists the book's professional audience in maximizing returns of their PE investments
- Highly conducive to advanced, graduate-level classroom use
- Purchase of the text includes access to a website of teaching materials for instructional use
Learn more about PE history, governance, and operations with the authoritative guidance found in Private Equity: History, Governance, and Operations, Second Edition.
Front Jacket
Private Equity: History, Governance, and Operations
Filled with a wealth of detail, practice tips, and examples, Private Equity: History, Governance, and Operations Second Edition brings together an investment dream team to provide you with an indispensable reference on various private equity issues.
Starting with a thorough overview of the history of private equity (PE), how governance structures differ between private equity portfolio companies and those of public corporations, and how the operations of PE portfolio companies can be improved, Private Equity, Second Edition provides valuable information for a broad spectrum of readers, including high net-worth individuals, accountants and auditors, and private equity portfolio managers. Here, you'll discover a goldmine of information centered on private equity, including:
-
Historical trends
-
Trends in private equity
-
Overall industry and fundraising trends
-
Harvesting private equity investments through IPOs
-
Legal considerations surrounding IPOs
-
Harvesting investments through mergers and acquisitions
-
Intellectual property and private equity
-
The private equity governance model
-
The value of internal control
-
Financial statement fraud and the investment decision
-
Contemporary business and competitive intelligence
-
How to perform manufacturing due diligence assessments
The Second Edition of this valuable handbook presents a novel framework for the analysis of private equity investments. Loaded with rich details on the PE industry, Private Equity contains all the information you need to know to become a better investor by employing sound governance practices and operations know-how.
Back Jacket
Private Equity
History, Governance, and Operations
Filled with a wealth of detail, practice tips, and examples, Private Equity: History, Governance, and Operations, Second Edition brings together an investment dream team to provide you with an indispensable reference on various private equity issues.
Starting with a thorough overview of the history of private equity (PE), how governance structures differ between private equity portfolio companies and those of public corporations, and how the operations of PE portfolio companies can be improved, Private Equity, Second Edition provides valuable information for a broad spectrum of readers, including high net-worth individuals, accountants and auditors, and private equity portfolio managers. Here, you'll discover a goldmine of information centered on private equity, including:
- Historical trends
- Trends in private equity
- Overall industry and fundraising trends
- Harvesting private equity investments through IPOs
- Legal considerations surrounding IPOs
- Harvesting investments through mergers and acquisitions
- Intellectual property and private equity
- The private equity governance model
- The value of internal control
- Financial statement fraud and the investment decision
- Contemporary business and competitive intelligence
- How to perform manufacturing due diligence assessments
The Second Edition of this valuable handbook presents a novel framework for the analysis of private equity investments. Loaded with rich details on the PE industry, Private Equity contains all the information you need to know to become a better investor by employing sound governance practices and operations know-how.
Author Biography
HARRY CENDROWSKI is a 30-year veteran consultant to and investor in private equity and venture capital funds. He is cofounder and Managing Director of Cendrowski Corporate Advisors, a midwest financial and operations consulting firm based in Chicago, Illinois, and Bloomfield Hills, Michigan.
LOUIS W. PETRO has contributed to Wiley business publications and has written both books and journal articles. He is a professor at the University of Windsor and a CPA.
JAMES P. MARTIN is Managing Director of Cendrowski Corporate Advisors. He is a seasoned enterprise risk management professional who has performed engagements for private equity funds and their portfolio companies as well as publicly traded organizations.
ADAM A. WADECKI is Manager of Operations for Cendrowski Corporate Advisors and a lecturer at the University of Michigan, Ann Arbor.
