Welcome,
New User!
New User!
CAIA Level II
By: Melissa Donohue , Urbi GarayeBook Publisher: John Wiley & Sons
Imprint: Wiley
Format: ePub Encrypted (DRM)
Earn $0.50 - Write a Review »
Our Price
$123.09
Reward Money:
$4.30
This book covers the main areas of hedge funds, private equity, commodities, real estate and managed futures. The book shows readers how to use investment analytics to examine the fundamentals of each alternative asset and then shows the reader how to apply these analytics within an asset allocation and decision-making framework. It also incorporates segments on ethics and professional conduct.
The book provides in-depth material on risk management and portfolio optimization, covering areas such as
asset allocation & portfolio oversight style analysis risk management alternative asset securitization secondary market creation performance and style attribution indexation and benchmarking
See more like this in our Business & Economics eBooks section
Share your thoughts on the CAIA Level II Business & Economics eBook with others!
| Title of Business & Economics eBook: CAIA Level II | |
| Release Date: 11-19-2010 | |
| Publisher: Wiley |
This eBook download is available in the following formats:
| Parent title | CAIA Level II |
|---|---|
| Encrypted (DRM) | Yes |
| SKU | 9780470683569 |
| File size | 3930 |
| Security | n/a |
| Printing | Not allowed |
| Copying | Not allowed |
| Read aloud | No Sys requirements Download reader |
| Devices | Samsung Tablet, Apple Ipad & Iphone, Barnes & Noble Nook, Kobo eReader, Aluratek Libre, Iliad, Nokia, Blackberry, Hanlin |
| Note | Excellent navigation features are available via Adobe such as bookmarks and a quick access table of contents. Text search is easily accessible. An Adobe DRM-protected file is different than a pdf file in that it uses Adobe DRM (Digital Rights Management) technology, which authors and publishers use to protect their content from illegal online distribution and to set certain privileges such as restrictions on copying and printing. |
CAIA Level II
Chapter One
Private Equity Market Landscape
The growing interest in private equity investing has arisen in part as a result of its superior historical long-term returns when compared to those of public equities, and by the diversification benefits it provides. Investments in private equity funds offer access to privately-held companies not available in the traditional investor landscape and expertise in creating value by proactively influencing the management and operations of the invested firms.
Institutional investors typically focus on the organized private equity market, where professional management is provided by intermediaries. There is also an informal private equity market, which is composed of angel capital and, not without justification, which is often called family, friends and fools. Companies can also get funding from the founder's savings and efforts, commonly referred to as blood or sweat equity. The number of investments made in the informal private equity market is probably several times larger than the organized private equity market, but it is difficult for institutional investors to gain the information necessary to invest in these markets effectively.
MAIN STRATEGIES
Private equity funds refer to a multitude of investment strategies with varying risk profiles, liquidity requirements and returns. The primary, and most important, three types of funds are: venture capital (VC), buyouts and mezzanine funds. These funds form the bulk of a typical institutional investor's private equity portfolio.
Venture capital funds invest alongside manage
...
