About the books

Mastering Private Equity

Mastering Private Equity was written with a professional audience in mind and provides a valuable and unique reference for investors, finance professionals, students and business owners looking to engage with private equity firms or invest in private equity funds. From deal sourcing to exit, LBOs to responsible investing, operational value creation to risk management, the book systematically distills the essence of private equity into core concepts throughout the private equity life cycle.

Private Equity in Action

Private Equity in Action takes you on a tour of the private equity investment world through a series of case studies written by INSEAD faculty and taught at the world’s leading business schools. The book is an ideal complement to Mastering Private Equity and allows readers to apply core concepts to investment targets and portfolio companies in real-life settings. The 19 cases illustrate the managerial challenges and risk-reward dynamics common to private equity investment.

Sections

Mastering Private Equity

Section I

Section I

Private Equity Overview

First section offers a high-level introduction to PE to ensure that we speak the same language and use appropriate industry terms and definitions throughout the book. It puts venture capital, growth equity and leveraged buyouts into context and describes several alternative PE investment strategies such as distressed investing and real estate.

Section II

Section II

Doing Deals in PE

Doing Deals in PE looks in greater detail at PE investment processes, starting with deal sourcing, due diligence and target valuation before exploring deal pricing considerations and the actual structuring of PE deals. It also includes a thorough coverage of transaction documentation.

Section III

Section III

Managing PE Investments

Managing PE Investments asks: What do PE and venture funds do with their portfolio companies during the holding period? How will they transform the business and prepare it for exit?

Section IV

Section IV

Fund Management and the GP-LP Relationship

Fund Management and the GP-LP Relationship describes the key dynamics involved in raising a PE fund. We step into the shoes of global institutional investors in PE to examine their demands with regards to reporting and portfolio customization over a PE fund’s lifespan.

Section V

Section V

The Evolution of PE

The Evolution of PE builds on the understanding gained in the previous chapters and takes a closer look at recent developments in the industry, from direct and co-investment programs to the fast-growing secondaries markets and the recent rise of listed PE funds. In the closing chapter the authors comment on the PE industry’s development and explore key themes that will shape private equity and venture capital ahead.

Authors

Claudia Zeisberger

Senior Affiliate Professor of Decision Sciences and Entrepreneurship & Family Enterprise
Academic Director, Global Private Equity Initiative (GPEI)
INSEAD

Michael Prahl

Partner, Asia-IO Advisors
Adjunct Professor of Entrepreneurship & Family Enterprise
Distinguished Fellow, Global Private Equity Initiative (GPEI)
INSEAD

Bowen White

Centre Director, Global Private Equity Initiative (GPEI)
INSEAD

Testimonials

Mastering Private Equity pulls back the shroud of mystery surrounding private equity - a succinct yet comprehensive source of information for the expert reader.

Jim Leech C.M.

Chancellor, Queen’s University and former CEO, Ontario Teachers’ Pension Plan

Mastering Private Equity teaches the fundamentals & best practices of PE investing and ensures a deeper understanding of the PE dynamics for professionals from various backgrounds. It shows the potential the asset class has for building better and stronger companies and thereby acting as a force for good for the economy overall.

Professor Ilian Mihov

Dean of INSEAD

This is a powerful book, clear on the fundamentals and rich on insight. It accurately describes how private equity works – it also provides nuance on how private equity really works.

Alan MacKay

Managing Partner GHO Capital and current Chairman of the British Venture Capital Association

Buy the books

Mastering Private Equity Text Book $59.68

Private Equity in Action Case studies $55.44

for the two books
$115.12
$91.66

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