This report focuses on the question of value creation in private equity and presents a framework to clearly identify the sources of return and operational value creation by the GPs in PE investment.The framework - IVC 2.0 - deconstructs value creation across various financial and operational...

This report provides an overview of Brazil's private equity industry, discussing its history, current status and outlook. It draws on surveys of leading limited partners (LPs or investors) and general partners (GPs or PE firms) that are currently investing or intend to invest in the Brazilian...

This report takes a closer look at a crucial aspect of private equity (PE), namely the ability of PE firms to exit from their investments in a manner that crystallizes the value created over the period of their ownership. Specifically, it considers exits from private equity investments in Asia's...

Fast growing Family Businesses have many choices when considering the sources of funding to expand their business. The article discusses a systematic approach to exploring a potential partnership between Growth Equity Investors and Family Owned Businesses. It describes under which circumstances...

Our ability to forecast degrades rapidly the further out we predict. Even if we do manage to accurately forecast an event, the magnitude and consequences of that event usually astonish us. On the rare occasion where we manage to accurately forecast the event, its magnitude and consequences, our...

This paper compares the position of strategic buyers and private equity buyers in a typical investment process, from fundraising/sourcing of equity capital, through deal sourcing, due diligence, valuation and deal financing, deal negotiation and transaction execution, to value creation...

The demographic metrics and inflationary circumstances that framed the January 2011 revolution in Egypt’s Tahrir Square were almost identical to those prevailing in Japan during their violent 1968 student-led revolts, in the United States when millions demonstrated against the Vietnam War in...

We published the Four Quadrants, a World of Risk and a Road Map to Understand it a decade ago, and the paper has anchored INSEAD’s Risk Management courses ever since.So, in 2021, it was time to ask a few questions; “has risk management changed?” “Does the risk classification model still...