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This book offers a concise historical and analytical overview of the development of private equity finance in the US and UK over the past four decades. It traces how the industry expanded alongside credit market growth, and clearly explains leveraged buyouts in accessible terms for non-experts. It also examines the dynamics of fees, gearing, market instability, and real-world case studies like Alliance Boots. Relevant for students and professionals in finance seeking a foundational understanding of private equity's rise and repercussions.
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Edition: 1st
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Publisher: Palgrave Macmillan UK
Publishing Year: 2009
ISBN: 978-0-230-20710-3
Pages: 309