In late 2017, DuraTable received a number of unsolicited inquiries regarding its interest in selling out in a going private transaction, mostly from private equity firms. Since the chairman of the board and founder, Gary Reynolds, was approaching retirement age and the largest single shareholder...

This paper contributes to the academic debate on the pecking order theory and SMEs equity financing, in this equity financing gap. In order to address this problem, this study relies on the empirical design that is driven by the premises of the pecking order theory and distinguishes between the...

"This paper analyzes the determinants of buyout funds' investment decisions. In a model in which the supply of capital is "sticky" in the short run, we link the timing of funds' investment decisions, their risk-taking behavior, and the returns they subsequently earn on their buyouts to changes...

Family ownership, private equity funds and financial performance Is there a family equity premium in LBO transactions?" "Do family firms develop better performance after a LBO transaction than non-family firms or subsidiaries of public companies? This article explores the relationships between...

This article deals with the Directive and the context within which it was promulgated and, as a preliminary matter, discusses the idea of regulation itself. However, this article deals only with certain selected issues arising from the Directive and focuses on hedge funds (the alternative...

The AIFMD provides a harmonized European framework for regulating alternative investment funds. Prior to discussing its details, this chapter introduces to the AIFMD, discussing the developments that led to its adoption (Part 1), the AIFMD's principal objectives (Part 2) and its key tools for...