Skip to main content
Elsevier

Private Equity and Venture Capital in Europe

Markets, Techniques, and Deals

The distinctive nature of the European pe/vc environment is on display in Stefano Caselli’s presentation of its complete conceptual framework, from the volatile (its financial si… Read more

Description

The distinctive nature of the European pe/vc environment is on display in Stefano Caselli’s presentation of its complete conceptual framework, from the volatile (its financial side) to the stable (its legal organization). A Bocconi University professor, Caselli offers a European perspective on market fundamentals, the v.c. cycle, and valuation issues, supporting his observations with recent examples and case studies. Written for investors, his book achieves many "firsts," such as clarifying many aspects of EU and UK financial institutions. Complete with finding aids, keywords, exercises, and an extensive glossary, Private Equity and Venture Capital in Europe is written not just for Europeans, but for everybody who needs to know about this growing market.

Key features

  • Only book that provides a comprehensive treatment of PE/VC in UK/Europe, ideal for European business schools teaching professionals or pre-professionals who will work in Europe
  • Provides a complete analysis of the EU versus US in all areas of PE/VC
  • Contains cases and theory, providing both in one package
  • Filled with pedagogical support features

Readership

Primary: MBA and Advanced undergraduate, MBA, and Executive Education studentsStudying Private Equity and Venture Capital in UK and Europe. Secondary: Secondary: MBA and Advanced undergraduate, MBA, and Executive Education studentsStudying Private Equity and Venture Capital in US and Asia .May also be used as a supplemental text in Corporate Finance courses.

Table of contents

I. GENERAL FRAMEWORK

1. The fundamentals of private equity and venture capital

2. Clusters of investment within private equity

3. Theoretical foundation of private equity and venture capital

4. Legal framework in Europe for equity investors

5. Legal framework in the United States and the United Kingdom for equity investors

6. Taxation framework for private equity and fiscal impact for equity investors

II. THE PROCESS AND THE MANAGEMENT TO INVEST

7. The management of equity investment

8. Fundraising

9. Investing

10. Managing and monitoring

11. Exiting

III. VALUATION AND THE "ART OF DEAL MAKING"

12. Company valuation in private equity and venture capital

13. Techniques of equity value definition

14. Financing seed and start-up

15. Financing growth

16. Financing buy-out

17. Turnaround and distressed financing

18. The listing of private company

19. Strategies, Business Models, and Perspectives of Private Equity and Venture Capital

Review quotes

"Professor Caselli’s views fill a gap in the market dynamics of private equity, both before and after being affected by the financial crises. His work offers a complete Review of the business, balancing a rigorous academic approach with the insider experience of the applied profession; it's great reading for academics as well as for practitioners."

—Roberto Albisetti, IFC

Product details

About the author

SC

Stefano Caselli

Stefano Caselli is Vice-Rector for International Affairs at Bocconi University where he is a Full Professor of Banking and Finance and Chair in Long-Term Investment and Absolute Return. He is the Chair for the EMEA Region of Partnership in International Management, Executive Secretary of the External Advisory Board of the School of Transnational Governance at EUI and conducts numerous research and consulting projects with the most important financial institutions at European level and corporations for valuation and corporate governance issues.
Affiliations and expertise
Professor of Banking and Finance and Chair in Long-Term Investment and Absolute Return, Vice-Rector for International Affairs, Bocconi University, Italy

View book on ScienceDirect

Read Private Equity and Venture Capital in Europe on ScienceDirect