"Climate Risks: An Investor's Field Guide to Identification and Assessment presents a framework for classifying climate risks at the firm level, a "climate risk taxonomy" that captures a broad range of physical and transition risks that may affect a firm's financial profile. This enables banks,...

"The essential resource for navigating the growing direct loan market Private Debt: Opportunities in Corporate Direct Lending, Second Edition provides investors with a single, comprehensive resource for understanding this asset class amidst an environment of tremendous growth. Traditionally a...

"In recent years, the global market capitalization of the cryptocurrency and digital asset market has ranged from less than $1 trillion to over $3 trillion. While still small relative to the global equity market or even single large companies, the sector has the potential to remake areas as...

The securitization of various financial assets provides liquidity, facilitates the transfer of risk, and presents unique risk-return opportunities to buyers of such securities. These products can also provide financing in ways that cannot be normally obtained through conventional loans. Here, we...

Chapter 14 provided numerous examples of distinctions that portfolio allocators can make when categorizing real estate. As detailed in that chapter, the primary subgroup on which real estate equity analysis is focused is commercial (incomeproducing) real estate. This chapter focuses on the...

Real estate indices are an increasingly important aspect of real estate investment management. The uses of these indices include the estimation of risks and returns for assisting the asset allocation decision-making process, as well as the specification of benchmarks for performance attribution....

Many structured products are relatively new and their participation in institutional portfolios is expected to continue to grow in the future. The first part of the chapter explores insurance-linked securities (ILS), a relatively new asset class, where we discuss catastrophe bonds and longevity...

Cover -- Title Page -- Copyright -- Contents -- Preface -- Dedication and Acknowledgments -- Part I Introduction -- Chapter 1 Winning through Mergers and Acquisitions -- Critical Values Shareholders Overlook -- Stand-Alone Fair Market Value -- Investment Value to Strategic Buyers -- Win-Win...

Intro -- Valuation Measuring and Managing the Value of Companies -- Contents -- About the Authors -- Preface -- Acknowledgments -- Part One. Foundations of Value -- 1. Why Value Value? -- What Does It Mean to Create Shareholder Value? -- Short-Termism Runs Deep -- Shareholder Capitalism Cannot...