Investing in Private Equity Partnerships The Role of Monitoring and Reporting

Private equity has become an important asset class for institutional investors. As the asset class grows and investors get more experienced, the debate concerning transparency and governance of private equity funds has intensified. Fund investors demand more disclosure from private equity fund manag...

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Bibliographic Details
Main Author: Müller, Kay
Format: eBook
Language:English
Published: Wiesbaden Gabler Verlag 2008, 2008
Edition:1st ed. 2008
Series:Entrepreneurial and Financial Studies
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:Private equity has become an important asset class for institutional investors. As the asset class grows and investors get more experienced, the debate concerning transparency and governance of private equity funds has intensified. Fund investors demand more disclosure from private equity fund managers. Are these calls justified? What information do fund investors need? How can private equity fund investors manage their exposure to the asset class effectively? Kay Müller presents an in-depth analysis into the monitoring activities of institutional investors and explores their information requirements by interviewing leading European private equity fund investors. He contrasts these results with the actual reporting by fund managers and reveals essential information gaps based on a disclosure study of private equity fund reports. Since effective and open communication supports long-lasting and trusted partnerships, these findings provide important guidance on how to improve the relationships between investors and fund managers in the private equity industry
Physical Description:XXI, 316 p online resource
ISBN:9783834997456