Essays about: "Anders Berger"

Found 1 essay containing the words Anders Berger.

  1. 1. Trouble in Private Equity Paradise: Who Benefits When a Portfolio Company Invests?

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Anders Berger; Marcus Uggla; [2008]
    Keywords : private equity; leverage buyout; LBO; capital budgeting;

    Abstract : Problems arise when a private equity owned portfolio company wants to make an additional investment in assets and the private equity company has to make an investment decision based on capital budgeting models presented by the management of the portfolio company. Since a private equity firm evaluates their holdings using LBO valuation models with the resulting IRR and their portfolio company evaluates investments using various budgeting methods, the purpose of this Master’s Thesis is to analyze whether such an additional investment could in some cases be value improving for only one of the parties, and if that is the case, when that is most likely to occur. READ MORE