1 2 Laurent Huck and Sergio Trezzi During the last 5 years the asset management industry has been constantly invested by events which have required top management of major com- nies to rethink their business model, while preserving their company's mission. From the Internet bubble easy growth model to a strong cost control - vironment in 2000-2003, many financial institutions have undertaken structural changes in order to reap the opportunities offered by the "new" market. Hints of globalization have actually been around for several decades, even though they made only a modest impact;...
1 2 Laurent Huck and Sergio Trezzi During the last 5 years the asset management industry has been constantly invested by events which have required to...
Josh Lerner Jacob H. Schiff Professor of Investment Banking Harvard Business School and National Bureau of Economic Research During much of the 1970s and 1980s, venture capital and private equity remained largely a United States phenomena. Over the past decade, how ever, private equity has spread around the globe, taking particularly firm root in Western Europe-indeed, growing 4,700% since 1984 through 200 I. Today, Europe is the dominant private equity market outside the United States. Despite this tremendous growth and the current recessionary cli mate, there is ample room for attractive...
Josh Lerner Jacob H. Schiff Professor of Investment Banking Harvard Business School and National Bureau of Economic Research During much of the 1970s ...
In recent years, financial engineering has developed new ways of financing deals based primarily on the capacity of the operations to generate sufficient cash for the repayment of loans or bonds. The business of structured finance has then become an interesting business area for non-financial companies, investment and commercial banks and consultants. In terms of volumes, it shows figures easily comparable to other, more traditional, sources of funding.
This book provides the reader with an analysis of the characteristics of structured finance deals - asset-backed securitization,...
In recent years, financial engineering has developed new ways of financing deals based primarily on the capacity of the operations to generate suff...
In our market economy, under ordinary conditions, infrastructure development is funded by public budgets and enterprise development is funded by private investors. However, public budget constraints, liquidity shortages, the equity gap, and increasing global competition have led to alternative approaches, especially in areas targeted for economic growth and development. In response, there has been an upward global trend in the creation of public private partnerships (PPPs) that allow public and private interests to share resources and support development. Public Private Partnerships for...
In our market economy, under ordinary conditions, infrastructure development is funded by public budgets and enterprise development is funded by priva...
This book, now in its second edition, provides an in-depth overview of all segments of the structured finance business, with particular reference to market trends, deal characteristics and deal structuring. The goal is to assist readers in gaining a clear understanding of the common features of structured finance transactions. The process of deal structuring for each type of transaction is carefully analyzed, with extensively updated chapters on asset securitization, project finance, structured leasing transactions and leveraged acquisitions. In the new edition, particular attention is paid...
This book, now in its second edition, provides an in-depth overview of all segments of the structured finance business, with particular reference to m...
Global financial markets might seem as if they increasingly resemble each other, but a lot of peculiar aspects qualify different markets with different levels of development. Private equity investors can take advantage of these variations. Structured to provide a taxonomy of the business, Private Equity and Venture Capital in Europe, Second Edition introduces private equity and venture capital markets while presenting new information about the core of private equity: secondary markets, private debt, PPP within private equity, crowdfunding, venture philanthropy, impact investing, and...
Global financial markets might seem as if they increasingly resemble each other, but a lot of peculiar aspects qualify different markets with diffe...