The Private Equity Toolkit. Tamara Sakovska
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Название: The Private Equity Toolkit

Автор: Tamara Sakovska

Издательство: John Wiley & Sons Limited

Жанр: Ценные бумаги, инвестиции

Серия:

isbn: 9781119697114

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СКАЧАТЬ style="font-size:15px;">       How skilled investors overcome biases and minimize investment errors

       Why the best investment of your career might be a deal you never pursue

       Nine deal breakers you need to check for before proceeding on any deal

      Key Topics:

       Save time and effort: why it makes sense to evaluate the transaction dynamic first

       If you choose to remember one thing about deal selection, make it the business model

       The four most common sources of competitive advantage for any business

       Forget the detail: just a few key financial metrics that matter for deal selection

       How clever structuring can help you overcome valuation concerns

      Key Topics:

       Why motivating superb managers is the key ingredient in private equity's secret sauce

       Why the best CEOs are not the charismatic and articulate leaders we see in movies

       What makes the job of a private equity CEO among the most demanding in the world

       Nine key qualities to look out for when assessing CEOs for private equity businesses

       How you can apply the latest best practices in your assessment of management teams

      Key Topics:

       Why skilled investors explore business fundamentals before diving into the numbers

       Key problem areas to spot immediately in every business plan you review

       How to poke holes in overoptimistic projections and make your investment case add up

       Ten cold, hard questions that every solid business plan needs to address

       My trusted business plan tool: Master List of Most Common Drivers of Value Creation

      Key Topics:

       Enterprise value, headline price and cash consideration: why they are each different

       How experienced investors use flawed valuation methods and still get to the right answer

       Seven valuation metrics and six valuation methods I like (and hate) to use

       Two valuation approaches for those times when you find “difficult to value” companies

       You've done the valuation: How much will you pay to win the deal?

      Key Topics:

       Capital structure considerations: what type of leverage to use and when it is too much

       Management Incentive Plans: target A, reward A and achieve A

       Enhance your deal through earn-outs, earn-ins, escrows and vendor loan notes

       Minority deals: negotiate robust exit rights or be held hostage by majority owners

       Advanced deal structuring techniques for minority investments

      Key Topics:

       What to expect in a typical private equity transaction process

       Don't “boil the ocean”: ten principles of a well-managed due diligence effort

       Who does what and why you need it: an anatomy of the key due diligence workstreams

      Key Topics:

       Why you don't need to be a lawyer to provide valuable input in legal negotiations

       How to translate due diligence findings into legal clauses in the deal documentation

       My cheat sheet summary of common issues in the key transaction agreements

      Key Topics:

       Develop your own success formula with a Value Creation Plan

       Four value-accretive actions for every portfolio company to consider

       Create powerful performance improvement momentum with a 100-Day Plan

       Governance and reporting: strategic priorities of a well-run private equity board

       When things go wrong: spot the first signs of company distress and take radical action

      Key Topics:

       How to exit a minority investment (effortlessly)

       Exiting a majority transaction: Should you time the market?

       Conventional exit routes: an IPO, strategic sale or sponsor-to-sponsor buyout

       Can't exit your investment? Alternative deal monetization strategies to the rescue

       The finishing touch: exit preparation roadmap for every portfolio company

      I owe a debt of gratitude to my family, who supported me throughout my book-writing journey and helped bring this project to fruition. A warm thank-you to my wonderful husband Frederik, who was the first reader of every chapter in the book (not always entirely by choice). I would also like to acknowledge the invaluable support of my children, August and Daria. Thank you for coming with me to my office during numerous weekends and СКАЧАТЬ