Essays about: "Private Equity"

Showing result 1 - 5 of 292 essays containing the words Private Equity.

  1. 1. LBO Determinants & The Financial Crisis: Evidence from Nordic Public to Private Transactions

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jacob Hesslevik; Arjun Iyer; [2021]
    Keywords : Financial Sponsors; Leveraged Buyouts; Private Equity; Financial Characteristics; Global Financial Crisis;

    Abstract : The determinants of leveraged buyouts (LBOs) have received a lot of attention in past research after the 1980s LBO boom and mid-2000s takeover wave. This thesis aims to examine the effect of the Great Financial Crisis on the explanatory power of LBO determinants, using 62 Nordic public-to-private transactions from the last two decades. READ MORE

  2. 2. GP stakes in Private Equity: An Empirical Analysis of Minority Stakes in Private Equity Firms

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jonatan Gustafsson; Erik Fogelström; [2021]
    Keywords : GP Stakes; Minority Stakes; Private Equity; Agency Conflicts; Difference-in-Differences;

    Abstract : This study examines the phenomenon of minority stakes in Private Equity firms ("GP stakes") and specifically the motives behind such deals and their fund-level impact on target firms. We use a unique dataset on GP stake deals between 1988-2020 to empirically analyze the motivations behind GP stakes using logit regressions and their fund level impact using a Difference-in- Differences (DiD) approach with fixed effects. READ MORE

  3. 3. An unexplored route to the public equity market: A case study of Spotify's direct listing

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Oskar Wikberg; Oscar Gonzales; [2021]
    Keywords : Direct listing; IPO; price discovery; investor education; lock-up;

    Abstract : In this thesis, we analyze Spotify's choice of opting for a direct listing over a traditional IPO. We investigate the motivations and rationale behind the decision, provide insights from the process, and present some of the challenges that were faced. READ MORE

  4. 4. Development of SPAC 3.0: Empirical Evidence on SPAC Performance and Moral Hazard

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Hyun Won Yi; Kai Van Eckert; [2021]
    Keywords : Special Purpose Acquisition Company; Regulation; Initial Public Offering; Frictions; Moral Hazard;

    Abstract : Special purpose acquisition companies (SPACs) are shell companies equipped with money raised in an initial public offering (IPO) to identify and acquire a private target within a specified timeframe. For private targets that acquire public status after a merger with a SPAC, SPACs are a reliable and fast alternative route to access public markets. READ MORE

  5. 5. Investment firm characteristics in venture capital

    University essay from

    Author : Simon Petersson; [2020-09-04]
    Keywords : ;

    Abstract : The private equity market is known for its lack of liquidity and information. This thesis aims at bringing further clarity to the private equity field, specifically targeting the relationship between firm size and risk in the Nordic market. READ MORE