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Private Equity Investments :

Sommer, Claudia.

Private Equity Investments : Drivers and Performance Implications of Investment Cycles / by Claudia Sommer. - xxviii, 301 páginas 25 ilustraciones recurso en línea. - Schriften zum europäischen Management .

Springer eBooks

Review of economic and business literature on private equity in Europe -- Development of a theoretical framework on private equity investment cycles -- Analysis of factors driving private equity investment activity on aggregate and industry level -- Analysis of the performance implications of investment cycles -- Practical implications, summary and conclusion.

Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data set of more than 40,000 European transactions, she applies a variety of econometrical approaches and shows how neoclassical aspects, information asymmetries, agency conflicts, and market timing contribute to the dynamics in the private equity market. In a performance analysis of more than 1,300 European funds she reveals the resulting performance implications.

9783658002343

10.1007/9783658002343 doi

HG1-9999
Universidad Autónoma de Nuevo León
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