Wow! eBook
Investing in Private Equity Partnerships: The Role of Monitoring and Reporting 2008th Edition
Author(s): Kay Müller (Author), Ann-Kristin Achleitner (Foreword)
- Publisher: Gabler Verlag
- Publication Date: 15 May 2008
- Edition: 2008th
- Language: English
- Print length: 337 pages
- ISBN-10: 3834909343
- ISBN-13: 9783834909343
Book Description
Private equity has become an important asset class for institutional investors. As the asset class grows and investors get more experienced, the debate concerning transparency and governance of private equity funds has intensified. Fund investors demand more disclosure from private equity fund managers. Are these calls justified? What information do fund investors need? How can private equity fund investors manage their exposure to the asset class effectively? Kay Müller presents a in-depth analysis into the monitoring activities of insitutional investors and explores their information requirements by interviewing leading European private equity fund investors.
Editorial Reviews
From the Back Cover
Private equity has become an important asset class for institutional investors. As the asset class grows and investors get more experienced, the debate concerning transparency and governance of private equity funds has intensified. Fund investors demand more disclosure from private equity fund managers. Are these calls justified? What information do fund investors need? How can private equity fund investors manage their exposure to the asset class effectively?
Kay Müller presents an in-depth analysis into the monitoring activities of institutional investors and explores their information requirements by interviewing leading European private equity fund investors. He contrasts these results with the actual reporting by fund managers and reveals essential information gaps based on a disclosure study of private equity fund reports. Since effective and open communication supports long-lasting and trusted partnerships, these findings provide important guidance on how to improve the relationships between investors and fund managers in the private equity industry.
About the Author
Dr. Kay Müller promovierte bei Prof. Dr. Dr. Ann-Kristin Achleitner am KfW-Stiftungslehrstuhl für Entrepreneurial Finance und am Center for Entrepreneurial and Financial Studies (CEFS) an der Technischen Universität München.
