Fragmented risk is a theme that runs throughout many of the issues and controversies in insurance law, but one that has received insufficient attention. Insurance reflects a tension between bundling and fragmenting risk. One of the great virtues of many modern insurance policies is that they...

This paper examines the annual risks and returns of three disparate, hypothetical merger arbitrage portfolio strategies as an attempt to capture alpha from an in-sample study of 793 global M&A transactions covering the January 2000 thru December 2016 time period. Previously written and...

This book offers a comprehensive analysis of private equity divestment processes--so-called exits--for European buyouts. Examining the efficiency of exits, it offers recommendations and guidelines for an integrated and exit-oriented private equity portfolio management. In addition, the book...