Search results for "Private equity fund"

showing 6 items of 6 documents

Access, Equity, and Regional Development

2014

All over the world, the transition from elite to mass, and in many cases, universal higher education (Trow & Burrage, 2010) has resulted in a new set of policy dilemmas regarding the governance of higher education (HE) systems in general (Amaral, Jones, & Karseth, 2002), as well as attempts to steer access to HE in particular (Pinheiro, Charles, & Jones, 2013; Pinheiro & Antonowicz, forthcoming).

Private equity fundEconomic growthEquity (economics)Regional developmentHigher educationbusiness.industryCorporate governanceEliteSociologyPublic administrationbusinessRegional innovation systemEquity capital markets
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Alternative Investment Fund Managers Directive and its Impact on Malta’s Financial Service Industry

2016

The introduction of the Directive on Alternative Investment Fund Managers (AIFM Directive 2011/61/EU) in 2013 means a radical transformation of the EU regulatory landscape for the whole alternative investment fund industry. Taking into account the growing meaning of the alternative investment fund industry in Europe, the aim of the paper is to assess the impact the Directive on Alternative Investment Fund Managers (AIFMD) will have on the Alternative Investment Fund Managers (AIFMs) managing Alternative Investment Funds (AIFs) in the EU. The research is based on the case of Malta, which is a quickly growing financial centre. The main findings are based on an analysis of questionnaire respon…

FinanceFund of fundsPrivate equity funds -- Law and legislation -- European Union countriesManagement feebusiness.industryManager of managers fundTarget date fundAccountingEuropean Parliament. Alternative investment fund managers directiveGeneral Business Management and AccountingHedge funds -- Law and legislation -- European Union countriesFund administrationSovereign wealth fundUmbrella fundbusinessGeneral Economics Econometrics and FinanceInvestment advisors -- Legal status laws etc. -- European Union countriesFinancial services industry -- MaltaInvestment fundInternational Journal of Economics and Business Administration
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Equity-worthiness and equity-willingness: key factors in private equity deals

2014

While access to private equity funds (PEFs) provides a unique opportunity for firms to set up sturdy growth paths, how PEFs select companies is an unknown process to entrepreneurs and business owners. This study aims to offer insights regarding the private equity market to entrepreneurs searching for external capital. We analyzed a novel dataset of 240 pre-deal negotiations between small- and medium-sized Italian companies and a closed-end fund. Results indicate that the successful closing of a deal depends on more than just the target firm's equity-worthiness (i.e., the company's ability to meet the expectations of a private equity investor). In fact, there is another dimension: the target…

FinanceMarketingEquity riskbusiness.industryPrivate equity; Pre-deal negotiation; Worthiness and willingnessPrivate equity secondary marketEntrepreneurs; Financing; Pre-deal negotiation; Private equity; Worthiness and willingness; Business and International Management; Marketing;Private equity firmSettore SECS-P/08 - Economia e Gestione delle ImpreseEntrepreneursPrivate investment in public equityClub dealPrivate equity fundPrivate equityPrivate equityEconomicsEntrepreneurWorthiness and willingneWorthiness and willingnessFinancingBusiness and International ManagementbusinessEquity capital marketsPre-deal negotiation
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Beliefs affecting additional investment intentions of mutual fund clients

2015

In this article, we aim to examine mutual fund investors’ behaviour in decision-making situations and to analyse future investment decisions via a path model approach. Investors were divided into different groups based on the risk and distribution channel used, and the differences in their investment intentions were examined. The study used empirical survey data collected from the clients of a mutual fund company owned by a Finnish banking group. Loyalty to the common banking group dominated the explanation in the whole model. The safety of the investment was important for branch office investors, whereas obtaining a good return was important for internet investors. Ultimately, explanatory …

mutual fundsMarketingFund of fundsFinanceInvestment strategybusiness.industryClosed-end fundinvestment behaviourInvestment managementPrivate equity fundInvestment decisionsOpen-end fundMarketingbusinessta512path modelFinanceMutual fundJournal of Financial Services Marketing
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The euro–dollar exchange rate and equity flows

2009

Abstract I examine equity flows between the US and the euro area and their impact on the euro–dollar exchange rate. I explain equity flows by examining the behavior of an international investor who maintains a minimum variance portfolio. An excess of euro area equity returns over US equity returns generates a flow of equity from the euro area to the US. The equity flow, the purchase of US equities by the euro-area residents, causes appreciation (depreciation) of the dollar (euro), while the purchase of euro area equities by US residents causes appreciation (depreciation) of the euro (dollar).

Private equity fundEconomics and EconometricsEquity riskExchange rateReturn on equityEquity ratioPrivate equity secondary marketEconomicsLiberian dollarFinancial systemFinanceEquity capital marketsReview of Financial Economics
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The Institutional Determinants of Private Equity Involvement in Business Groups The Case of Africa

2015

This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centered institutional-theoretic perspective in rationalizing institutional voids and the advantages of maintained governance by both business angels (BA) and venture capital (VC) private equity. Our findings reveal private equity retain higher post-IPO ownership in business group constituents compared to unaffiliated firms and that this is inversely moderated in the context of improving institutional quality. Ou…

Private equity fundFinancePrivate equitybusiness.industryCorporate governancePrivate equity secondary marketEconomicsAccountingPrivate equity firmVenture capitalbusinessEquity capital marketsClub dealSSRN Electronic Journal
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