Compared to other subjects, there are relatively fewer books on private equity. Most of them are also too academic and voluminous for most of the readers who wish to have a general understanding but yet comprehensive in scope in this subject. Most importantly, just like any trade, there are many hidden secrets and pitfalls about private equity that only an insider with years of experience can relate to.
Such “trade secrets” are often unspoken and certainly, won’t be found in the more academical private equity books. This book unveils them to you, and answers to the questions that the private equity fund hopes you will never ask or find out.
In this book, you will find out the answers to the following questions:-
-What are the various sources of financing and what’s the difference between them?
-What are the different types of private equity fund and how they differ from each other?
-Who are the key players in each of this type of private equity fund?
-How is a private equity fund organised? What is the fund structure and limited partnership?
-Who are the capital providers for private equity fund and what’s their commitment to the fund?
-What are the different investment instruments used by the private equity fund and what’s the key differences between them?
-What is the “real cost” when you raise financing from private equity fund and how do you calculate such cost?
-How much does the private equity fund charge for the management fee and carry interest?
-What is hurdle rate and carry interest? How is that calculated?
-What the are different rank and titles for staff in private equity fund?
-How does private equity fund calculate their investment return, in terms of IRR and money multiple?
-What should you include in your business plan when engaging a private equity fund?
-What will the private equity fund cover in the commercial due diligence, financial due diligence and legal due diligence?
-How should you prepare for the due diligence exercise and what are the potential pitfalls?
-What will and should change in your company after you have onboarded a private equity fund and how should you prepare for it?
This book also leaves you with the author’s email address which you can forward your unanswered questions, if any, after completing the book.