Investment Banks, Hedge Funds, and Private Equity

The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in David Stowell's introduction to the ways they challenge and sustain each other. Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, his book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence. Its combination of perspectives-drawn from his industry and academic backgrounds-delivers insights that illuminate the post-2009 reinvention and acclimation processes. Through a broad view of the ways these financial institutions affect corporations, governments, and individuals, Professor Stowell shows us how and why they will continue to project their power and influence.

Autorentext

David P. Stowell is a professor of finance at Northwestern University's Kellogg School of Management, where he teaches classes that focus on investment banking, hedge funds and private equity. In addition to his current teaching responsibilities, he manages Paradigm Partners, a boutique investment bank that provides M&A and capital raising services and general advice on investment banking, hedge fund and private equity activities to selected clients.

Klappentext

Offers an introduction to mainstream but frequently overlooked subjects. This title describes how investment banks, hedge funds, and private equity firms amass and wield global power and influence. It includes regulatory and tax developments accompanying global financial reform.

Zusammenfassung
Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, this book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence.

Inhalt

Section One: Investment Banking1. Overview of Investment Banking2. Regulation of the Securities Industry3. Financings4. Mergers and Acquisitions5. Trading6. Asset Management, Wealth Management and Research7. Credit Rating Agencies, Exchanges and Clearing and Settlement8. International Banking9. Convertible Securities and Wall Street Innovation10. Investment Banking Career Opportunities and Trends

Section Two: Hedge Funds and Private Equity11. Overview of Hedge Funds12. Hedge Fund Investment Strategies13. Shareholder Activism and Impact on Corporations14. Risk, Regulation and Organizational Structure15. Hedge Fund Issues and Performance16. Overview of Private Equity 17. LBO Financial Model18. Private Equity Impact on Corporations19. Organization, Compensation, Regulation and Limited Partners20. Issues and Opportunities

Section Three: Case Studies21. Investment Banking in 2008 (A): Rise and Fall of the Bear22. Investment Banking in 2008 (B): A Brave New World23. Freeport-McMoRan: Financing an Acquisition24. The Best Deal Gillette Could Get? Procter & Gamble's Acquisition of Gillette25. A Tale of Two Hedge Funds: Magnetar, Peloton, CDOs, and the 2008 Financial Crisis26. Kmart, Sears, and ESL: How a Hedge Fund Became One of the World's Largest Retailers27. McDonald's, Wendy's, and Hedge Funds: Hamburger Hedging? Hedge Fund Activism and Impact on Corporate Governance28. Porsche, Volkswagen and CSX: Cars, Trains and Derivatives29. The Toys "R" Us LBO30. Cerberus and the U.S. Auto Industry