Private Capital - Stefan W. Hepp

Private Capital

The Complete Guide to Private Markets Investing

(Autor)

Buch | Hardcover
720 Seiten
2024
John Wiley & Sons Inc (Verlag)
978-1-394-21769-4 (ISBN)
62,35 inkl. MwSt
In Private Capital: The Complete Guide to Private Markets Investing, renowned private markets investor and expert Dr. Stefan W. Hepp delivers an insightful and comprehensive exploration of the history, nature, and influence of private market investing. The author offers a robust examination of the key practical and conceptual issues faced by investors as they move forward into the future.

In the book, you'll find fulsome discussions of the rise of private market investment following the conclusion of World War II, as well as why the limited partnership became the dominant investment vehicle for private equity. You'll also discover the importance of the convergence of technology, government, academia, and venture capital that came to define what we now know as Silicon Valley.

The book includes:



Explanations of the emergence of buyout firms, as well as why and how buyouts differ from other forms of mergers and acquisitions
Examinations of the explosive growth of private equity and other private asset classes since the turn of the millennium
Discussions of the issues set to dominate the future of private markets, including ESG investing, value creation, unicorns, special purpose acquisition companies (SPACs), and more

A must-read book for regulators, investors, asset managers, entrepreneurs, founders, and other businesspeople, Private Capital will earn a place on the bookshelves of anyone with a stake or interest in private equity and other private asset classes.

DR. STEFAN W. HEPP, a finance veteran since the late 1980s, started his career at Salomon Brothers and Morgan Stanley, where he served on Bank Morgan Stanley's Management Committee before he founded and led SCM Strategic Capital Management, a global private markets investment firm with about ten billion dollars in assets. After SCM was acquired by Marsh & McLennan Company, he became the Global Business Leader for Private Markets at Mercer. He serves on the boards of several financial institutions. Stefan has been a consultant for international organizations such as the World Bank and the American Enterprise Institute. He received his Ph.D. in Economics from the University of St. Gallen and an MBA from the University of Chicago Booth School of Business, where he also teaches in the full-time MBA program.

Abbreviations ix

Introduction 1

Part I The Beginning 9

Chapter 1 Funding Private Enterprise 11

Chapter 2 Enterprise Financing in the USA from WWII to the 1960s 67

Chapter 3 How Silicon Valley Came to Be 77

Chapter 4 US Private Equity During the 1960s and 1970s 111

Part II Booms and Busts 157

Chapter 5 Private Equity During the 1980s 159

Chapter 6 The 1990s: Dotcom Boom and Bust 193

Chapter 7 A Private Markets Boom Between Two Crises 261

Part III Becoming Indispensable 355

Chapter 8 The GFC and the Surge of Private Markets 357

Chapter 9 Responding to Shifting Dynamics: Intermediaries, VC, and Growth Financing 435

Chapter 10 Buyouts, Private Debt, and Real Assets During the Post-GFC Boom 517

References 607

Acknowledgments 671

About the Author 675

Index 677

Erscheinungsdatum
Reihe/Serie The Wiley Finance Series
Verlagsort New York
Sprache englisch
Maße 178 x 249 mm
Gewicht 1021 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
ISBN-10 1-394-21769-2 / 1394217692
ISBN-13 978-1-394-21769-4 / 9781394217694
Zustand Neuware
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