Private Equity

A TIME MUST-READ FOR 2024 Named a most-anticipated book of 2024 by the Sunday Times , Financial Times , Stylist , Vogue , NPR.org, Oprah Daily , Town & Country and more. ‘A moving story of how easily a life can be submerged by work, and what it takes to regain one's soul’ Oliver Burkeman, bestselling author of Four Thousand Weeks What are you willing to sacrifice to get to the top? What it might take to break free and leave it all behind? Carrie Sun can’t shake the feeling that she’s wasting her life. At twenty-nine, she’s left her job, dropped out of an MBA program and is trapped in an unhappy engagement. So when she gets the opportunity to work at one of the most prestigious hedge funds in the world, she can’t say no. Carrie is the sole assistant to the ¬firm’s billionaire founder: she manages his work life, becomes his right hand and learns that money can solve nearly everything. But amid the ultimate winners in our winner-take-all economy, Carrie soon¬ finds her identity swallowed whole. With her physical and mental health deteriorating, she begins to rethink what it actually means to waste one’s life. A searing examination of our relationship to work, Private Equity is a universal tale of self-invention from a dazzling new voice. ---------------------- ‘A penetrating but all the more necessary critique of extreme wealth and toxic work culture as [Sun] questions what it really means to waste one’s life’ Oprah Daily , The Most Anticipated Books of 2024 ‘Bound to fascinate and terrify titans of finance in equal measure. That's because Sun writes of her own experience as the right hand to a billionaire banker, and shares incredible insights from the world that he inhabited, and in which she herself got lost. It's an observant, fascinating look at a rarefied space of power and privilege that's rarely on public view, and an unparalleled peek inside a system that shapes us all, whether we know it or not.’ Town & Country , Must-Read Books of Winter 2024

A TIME MUST-READ FOR 2024 Named a most-anticipated book of 2024 by the Sunday Times , Financial Times , Stylist , Vogue , NPR.org, Oprah Daily , Town & Country and more. ‘A moving story of how easily a life can be submerged by work, and what it takes to regain one's soul’ Oliver Burkeman, bestselling author of Four Thousand Weeks What are you willing to sacrifice to get to the top? What it might take to break free and leave it all behind? Carrie Sun can’t shake the feeling that she’s wasting her life. At twenty-nine, she’s left her job, dropped out of an MBA program and is trapped in an unhappy engagement. So when she gets the opportunity to work at one of the most prestigious hedge funds in the world, she can’t say no. Carrie is the sole assistant to the ¬firm’s billionaire founder: she manages his work life, becomes his right hand and learns that money can solve nearly everything. But amid the ultimate winners in our winner-take-all economy, Carrie soon¬ finds her identity swallowed whole. With her physical and mental health deteriorating, she begins to rethink what it actually means to waste one’s life. A searing examination of our relationship to work, Private Equity is a universal tale of self-invention from a dazzling new voice. ---------------------- ‘A penetrating but all the more necessary critique of extreme wealth and toxic work culture as [Sun] questions what it really means to waste one’s life’ Oprah Daily , The Most Anticipated Books of 2024 ‘Bound to fascinate and terrify titans of finance in equal measure. That's because Sun writes of her own experience as the right hand to a billionaire banker, and shares incredible insights from the world that he inhabited, and in which she herself got lost. It's an observant, fascinating look at a rarefied space of power and privilege that's rarely on public view, and an unparalleled peek inside a system that shapes us all, whether we know it or not.’ Town & Country , Must-Read Books of Winter 2024

A TIME MUST-READ FOR 2024 Named a most-anticipated book of 2024 by the Sunday Times , Financial Times , Stylist , Vogue , NPR.org, Oprah Daily , Town & Country and more. ‘A moving story of how easily a life can be submerged by work, and what it takes to regain one's soul’ Oliver Burkeman, bestselling author of Four Thousand Weeks What are you willing to sacrifice to get to the top? What it might take to break free and leave it all behind? Carrie Sun can’t shake the feeling that she’s wasting her life. At twenty-nine, she’s left her job, dropped out of an MBA program and is trapped in an unhappy engagement. So when she gets the opportunity to work at one of the most prestigious hedge funds in the world, she can’t say no. Carrie is the sole assistant to the ¬firm’s billionaire founder: she manages his work life, becomes his right hand and learns that money can solve nearly everything. But amid the ultimate winners in our winner-take-all economy, Carrie soon¬ finds her identity swallowed whole. With her physical and mental health deteriorating, she begins to rethink what it actually means to waste one’s life. A searing examination of our relationship to work, Private Equity is a universal tale of self-invention from a dazzling new voice. ---------------------- ‘A penetrating but all the more necessary critique of extreme wealth and toxic work culture as [Sun] questions what it really means to waste one’s life’ Oprah Daily , The Most Anticipated Books of 2024 ‘Bound to fascinate and terrify titans of finance in equal measure. That's because Sun writes of her own experience as the right hand to a billionaire banker, and shares incredible insights from the world that he inhabited, and in which she herself got lost. It's an observant, fascinating look at a rarefied space of power and privilege that's rarely on public view, and an unparalleled peek inside a system that shapes us all, whether we know it or not.’ Town & Country , Must-Read Books of Winter 2024

A TIME MUST-READ FOR 2024 Named a most-anticipated book of 2024 by the Sunday Times , Financial Times , Stylist , Vogue , NPR.org, Oprah Daily , Town & Country and more. ‘A moving story of how easily a life can be submerged by work, and what it takes to regain one's soul’ Oliver Burkeman, bestselling author of Four Thousand Weeks What are you willing to sacrifice to get to the top? What it might take to break free and leave it all behind? Carrie Sun can’t shake the feeling that she’s wasting her life. At twenty-nine, she’s left her job, dropped out of an MBA program and is trapped in an unhappy engagement. So when she gets the opportunity to work at one of the most prestigious hedge funds in the world, she can’t say no. Carrie is the sole assistant to the ¬firm’s billionaire founder: she manages his work life, becomes his right hand and learns that money can solve nearly everything. But amid the ultimate winners in our winner-take-all economy, Carrie soon¬ finds her identity swallowed whole. With her physical and mental health deteriorating, she begins to rethink what it actually means to waste one’s life. A searing examination of our relationship to work, Private Equity is a universal tale of self-invention from a dazzling new voice. ---------------------- ‘A penetrating but all the more necessary critique of extreme wealth and toxic work culture as [Sun] questions what it really means to waste one’s life’ Oprah Daily , The Most Anticipated Books of 2024 ‘Bound to fascinate and terrify titans of finance in equal measure. That's because Sun writes of her own experience as the right hand to a billionaire banker, and shares incredible insights from the world that he inhabited, and in which she herself got lost. It's an observant, fascinating look at a rarefied space of power and privilege that's rarely on public view, and an unparalleled peek inside a system that shapes us all, whether we know it or not.’ Town & Country , Must-Read Books of Winter 2024

Private equity funds are often called grasshoppers or corporate raiders. Are these accusations true? Are financial investors who generally acquire non-listed companies and sell them after a few years for as much profit as possible really value destroying? In order to answer these and other questions, it is important to understand the business model of private equity funds. The aim of this book is to convey this understanding. The business model of private equity funds has been explained comprehensively and lively. Furthermore, questions like the following will be discussed: What does a private equity fund earn when selling a portfolio company? What do the investors who provide the capital earn? In the beginning, the historical developments of private equity are explained. Next, there is a comprehensive, lively, and practical explanation of the business model of private equity based on the individual stages of a private equity fund's lifecycle. All stages will be discussed, from the fundraising to the value creation methods to the successful sale of the portfolio company (exit). Later in the book, the leverage buyout valuation (LBO) model, which is used by private equity funds, is explained using a practical case study. After reviewing the case study, readers on their own should be able to build an LBO model using the main functions.

Private equity funds are often called grasshoppers or corporate raiders. Are these accusations true? Are financial investors who generally acquire non-listed companies and sell them after a few years for as much profit as possible really value destroying? In order to answer these and other questions, it is important to understand the business model of private equity funds. The aim of this book is to convey this understanding. The business model of private equity funds has been explained comprehensively and lively. Furthermore, questions like the following will be discussed: What does a private equity fund earn when selling a portfolio company? What do the investors who provide the capital earn? In the beginning, the historical developments of private equity are explained. Next, there is a comprehensive, lively, and practical explanation of the business model of private equity based on the individual stages of a private equity fund's lifecycle. All stages will be discussed, from the fundraising to the value creation methods to the successful sale of the portfolio company (exit). Later in the book, the leverage buyout valuation (LBO) model, which is used by private equity funds, is explained using a practical case study. After reviewing the case study, readers on their own should be able to build an LBO model using the main functions.

"Private Equity" er en introduktion til private equity transaktioner. Bogen beskriver transaktionerne, de centrale aftaler, der regulerer disse transaktioner, parterne samarbejde og den stigende offentlige og private regulering af branchen. Bogen beskriver samspillet mellem de enkelte fondes egen fundraising, struktureringen af disse fondes investeringer i porteføljeselskaber og fondenes efterfølgende exit af deres investeringer. "Private Equity" er den engelske udgave af den danske bog af samme navn, der var den første generelle præsentation af den danske lov om private equity. Denne engelske version viser i et internationalt perspektiv, hvordan danske private equity transaktioner bliver udført.

Bogen indeholder en introduktion til private equity transaktioner. Transaktionerne, de centrale aftaler som regulerer disse transaktioner, parternes løbende samarbejde og den stadig stigende offentlige og private regulering af branchen beskrives i titlen. Rammerne for beskrivelsen af de enkelte transaktioner udgøres af samspillet mellem de enkelte private equity fondes egen fundraising, struktureringen af disse fondes investeringer i porteføljeselskaber og fondenes efterfølgende exits. Indholdsoversigt Forkortelser ForordIndledning Kapitel 1. Introduktion til private equity Kapitel 2. PE-fonde Kapitel 3. Forvaltere af PE-fonde Kapitel 4. Venturekapital investeringer Kapitel 5. Buyouts Kapitel 6. Exits Ordliste Litteraturfortegnelse

"Private Equity" er en introduktion til private equity transaktioner. Bogen beskriver transaktionerne, de centrale aftaler, der regulerer disse transaktioner, parterne samarbejde og den stigende offentlige og private regulering af branchen. Bogen beskriver samspillet mellem de enkelte fondes egen fundraising, struktureringen af disse fondes investeringer i porteføljeselskaber og fondenes efterfølgende exit af deres investeringer. "Private Equity" er den engelske udgave af den danske bog af samme navn, der var den første generelle præsentation af den danske lov om private equity. Denne engelske version viser i et internationalt perspektiv, hvordan danske private equity transaktioner bliver udført.