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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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, however, equity and debt markets may be more advantageous. …
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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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