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Despite its large and increasing size in the U.S. and Europe, there is relatively little research on the private debt … European investors with private debt assets under management (AuM) of over $300 billion. These investors are primarily direct … lending funds. We ask the general partners (GPs) how they source, select, and evaluate deals, how they think of private debt …
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Most research on the CEO labor market studies public company CEOs while largely ignoring CEOs in private equity (PE) funded companies. We fill this gap by studying the market for CEOs among U.S. companies purchased by PE firms in large leveraged buyout transactions. 71% of those companies hired...
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-in, and property tax lock-in - on household mobility. We add the 2009 wave of the American Housing Survey (AHS) to our sample … percent, and $1,000 of additional mortgage or property tax costs reduces household mobility by 10 to 16 percent. Schulhofer …
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Using two decades of American Housing Survey data from 1985 to 2005, we estimate the influence of negative home equity and rising mortgage interest rates on household mobility. We find that both factors lead to lower, not higher, mobility rates over time. The effects are economically large —...
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, however, equity and debt markets may be more advantageous. …
Persistent link: https://www.econbiz.de/10011300563
We survey 79 private equity investors with combined AUM of over $750B about their practices in firm valuation, capital structure, governance, and value creation. Investors rely primarily on IRR and multiples to evaluate investments. Their LPs focus more on absolute performance. Capital structure...
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