Investment Banks, Hedge Funds, and Private Equity, Fourth Edition provides a real-world view of this fast-evolving field, reviewing and analyzing recent innovations and developments. This reference captures the actual work of bankers and professional investors, providing readers with templates for real transactions and insight on how investment banks, hedge funds, and private equity firms provide services to each other while creating opportunities for corporations and investors to raise capital, invest, hedge, finance, acquire, divest, and risk manage. For each type of institution, the business model, organizational structure, products, challenges, regulatory issues, and profit-making opportunities are explained.
In addition, specific transactions are analyzed to make clear how advisory services, financings, investments, and trades produce profits or losses, and which types of risks are most commonly taken by each type of institution. Importantly, the linkage of investment banks, hedge funds, and private equity to corporations, governments, and individuals is described, enabling the reader to more clearly understand how these organizations impact them and how their products and services can be best utilized.
1. Investment Banks, Hedge Funds, and Private Equity - p. iii 2. Cover - p. iii 3. Title Page - p. iii 4. Copyright Page - p. iv 5. Table of Contents - p. iv 6. Preface - p. ix 7. Chapter 1 Overview of Investment Banking - p. 3 8. Chapter 2 Regulation of the Securities Industry - p. 27 9. Chapter 3 Financings - p. 51 10. Chapter 4 Mergers and Acquisitions - p. 81 11. Chapter 5 Trading - p. 127 12. Chapter 6 Asset Management, Wealth Management, and Research - p. 155 13. Chapter 7 Credit Rating Agencies, Exchanges, and Clearing and Settlement - p. 169 14. Chapter 8 International Banking - p. 187 15. Chapter 9 Convertible Securities and Wall Street Innovation - p. 211 16. Chapter 10 Investment Banking Careers, Opportunities, and Issues - p. 235 17. Chapter 11 Overview of Hedge Funds - p. 255 18. Chapter 12 Hedge Fund Investment Strategies - p. 279 19. Chapter 13 Shareholder Activism and Impact on Corporations - p. 309 20. Chapter 14 Risk, Regulation, and Organizational Structure - p. 327 21. Chapter 15 Hedge Fund Issues and Performance - p. 343 22. Chapter 16 Overview of Private Equity - p. 357 23. Chapter 17 LBO Financial Model - p. 391 24. Chapter 18 Private Equity Impact on Corporations - p. 415 25. Chapter 19 Organization, Compensation, Regulation, and Limited Partners - p. 445 26. Chapter 20 Private Equity Issues and Opportunities - p. 459 27. 1 Investment Banking in 2008 (A): Rise and Fall of the Bear - p. 485 28. Investment Banking in 2008 (B): A Brave New World - p. 509 29. Freeport-McMoRan: Financing an Acquisition - p. 527 30. The Best Deal Gillette Could Get? Procter & Gamble’s Acquisition of Gillette - p. 545 31. A Tale of Two Hedge Funds: Magnetar and Peloton - p. 563 32. Kmart, Sears, and ESL: How a Hedge Fund Became One of the World’s Largest Retailers - p. 583 33. McDonald’s, Wendy’s, and Hedge Funds: Hamburger Hedging? Hedge Fund Activism and Impact on Corporate Governance - p. 605 34. Porsche, Volkswagen, and CSX: Cars, Trains, and Derivatives - p. 629 35. The Toys “R” Us LBO - p. 639 36. Cerberus and the US Auto Industry - p. 661 37. H. J. Heinz M&A - p. 677 38. Quintiles IPO - p. 703 39. The Panera Bread LBO - p. 725 40. Index - p. 755
Investment Banks, Hedge Funds, and Private Equity, Fourth Edition provides a real-world view of this fast-evolving field, reviewing and analyzing recent innovations and developments. This reference captures the actual work of bankers and professional investors, providing readers with templates for real transactions and insight on how investment banks, hedge funds, and private equity firms provide services to each other while creating opportunities for corporations and investors to raise capital, invest, hedge, finance, acquire, divest, and risk manage. For each type of institution, the business model, organizational structure, products, challenges, regulatory issues, and profit-making opportunities are explained.
In addition, specific transactions are analyzed to make clear how advisory services, financings, investments, and trades produce profits or losses, and which types of risks are most commonly taken by each type of institution. Importantly, the linkage of investment banks, hedge funds, and private equity to corporations, governments, and individuals is described, enabling the reader to more clearly understand how these organizations impact them and how their products and services can be best utilized.
1. Investment Banks, Hedge Funds, and Private Equity - p. iii 2. Cover - p. iii 3. Title Page - p. iii 4. Copyright Page - p. iv 5. Table of Contents - p. iv 6. Preface - p. ix 7. Chapter 1 Overview of Investment Banking - p. 3 8. Chapter 2 Regulation of the Securities Industry - p. 27 9. Chapter 3 Financings - p. 51 10. Chapter 4 Mergers and Acquisitions - p. 81 11. Chapter 5 Trading - p. 127 12. Chapter 6 Asset Management, Wealth Management, and Research - p. 155 13. Chapter 7 Credit Rating Agencies, Exchanges, and Clearing and Settlement - p. 169 14. Chapter 8 International Banking - p. 187 15. Chapter 9 Convertible Securities and Wall Street Innovation - p. 211 16. Chapter 10 Investment Banking Careers, Opportunities, and Issues - p. 235 17. Chapter 11 Overview of Hedge Funds - p. 255 18. Chapter 12 Hedge Fund Investment Strategies - p. 279 19. Chapter 13 Shareholder Activism and Impact on Corporations - p. 309 20. Chapter 14 Risk, Regulation, and Organizational Structure - p. 327 21. Chapter 15 Hedge Fund Issues and Performance - p. 343 22. Chapter 16 Overview of Private Equity - p. 357 23. Chapter 17 LBO Financial Model - p. 391 24. Chapter 18 Private Equity Impact on Corporations - p. 415 25. Chapter 19 Organization, Compensation, Regulation, and Limited Partners - p. 445 26. Chapter 20 Private Equity Issues and Opportunities - p. 459 27. 1 Investment Banking in 2008 (A): Rise and Fall of the Bear - p. 485 28. Investment Banking in 2008 (B): A Brave New World - p. 509 29. Freeport-McMoRan: Financing an Acquisition - p. 527 30. The Best Deal Gillette Could Get? Procter & Gamble’s Acquisition of Gillette - p. 545 31. A Tale of Two Hedge Funds: Magnetar and Peloton - p. 563 32. Kmart, Sears, and ESL: How a Hedge Fund Became One of the World’s Largest Retailers - p. 583 33. McDonald’s, Wendy’s, and Hedge Funds: Hamburger Hedging? Hedge Fund Activism and Impact on Corporate Governance - p. 605 34. Porsche, Volkswagen, and CSX: Cars, Trains, and Derivatives - p. 629 35. The Toys “R” Us LBO - p. 639 36. Cerberus and the US Auto Industry - p. 661 37. H. J. Heinz M&A - p. 677 38. Quintiles IPO - p. 703 39. The Panera Bread LBO - p. 725 40. Index - p. 755
