Preface vii
Acknowledgments ix
About the Authors xi
1. Introduction 1
2. The Private Equity Cycle— Fundraising and Fund Choosing 20
3. Deal Sourcing and Evaluation— Not as Easy as It Looks! 65
4. Assigning Value 101
5. Deal Structuring— Private Equity Securities and Their Motivation 131
6. After the Money Arrives 175
7. Getting Liquid: Exits and Distributions 204
8. The Globalization of Venture Capital and Private Equity 246
9. Risk and Return 285
10. The Impact of Private Equity on Society— Does This Really Matter Anyway? 313
11. People, Positions, and Culture: The Management of the Private Equity Firm 345
12. Scaling and Institutionalization 374
13. Boom and Bust 404
14. Wrapping Up 435
Glossary G- 1
Index I- 1