Search and Find
Service
Foreword
6
Acknowledgements
7
Table of Contents
9
Table of Figures
14
Table of Abbreviations
17
Table of Symbols
19
1 Introduction
20
1.1 Relevance of Topic
20
1.2 Aims of Analysis and Research Approaches
24
1.3 Structure of Analysis
26
2 Investing in Private Equity Partnerships
30
2.1 Fundamentals of Private Equity
30
2.2 Characteristics of Private Equity Partnerships
35
2.3 Characteristics of Private Equity Partnership Investments
44
2.4 Governing the Relationship between Limited and General Partners
46
2.5 Fund Investors’ Investment Process
57
2.6 Institutional Differences and Limited Partners’ Investment Success
70
2.7 Role of Information in the Relationship between General and Limited Partners
73
3 Fund Investors’ Monitoring
82
3.1 Introductory Remarks
82
3.2 Research Methodology and Data
83
3.3 Relevance and Objectives of Monitoring
86
3.4 Monitoring Performance
89
3.5 Monitoring and Fund Governance
119
3.6 Monitoring and Fund Re-Investing
128
3.7 Monitoring and Fund Portfolio Management
133
3.8 Resulting Information Requirements
146
4 Fund Managers’ Reporting
164
4.1 Introductory Remarks
164
4.2 Statutory Financial Statements
166
4.3 Fair Value Measurement of Private Equity Portfolio Company Investments
197
4.4 Investor Reporting
243
5 Conclusion
282
5.1 Summary
282
5.2 Implications for Practitioners
288
5.3 Implications for Further Research
293
Appendix A: List of Interview Partners
296
Appendix B: Interview Questionnaire
299
Appendix C: Disclosure Index
310
References
313
All prices incl. VAT