The world is changing and has never been more challenging to private equity players, public companies, and investors. With record market volatility and a global economic crisis, decision makers of all types can learn from successful private equity players and other top value builders. Private equity is growing at a rapid rate, with $2.7 trillion in transactions since 2001 and buyouts occurring in every type of market, including declining ones. And now, with the end of investment banks as we know them, the door is open to more opportunities than ever. In The Private Equity Edge , economics giant Arthur B. Laffer, along with value-building experts William J. Hass and Shepherd G. Pryor IV, combines the concepts of intrinsic value, macroeconomics, and incentives into a single strategy used by today’s top value builders. You’ll learn how to create value while reducing risk by:
William J. Hass, MBA’71, and Shepherd G. Pryor IV, MBA’74 Authors
From our pages (Sept–Oct/09): "In an unpredictable global economy, there is undeniable risk involved in most business decisions. But for the authors, this volatile time also offers opportunities to build value and reduce risk. They draw on examples of private-equity firms such as Blackstone and Carlyle to construct a new strategy for success."