Investment Banks, Hedge Funds, and Private Equity

David P. Stowell

• Publisher: Academic Press
• Year: 2012
• Edition: 2
• eBook ISBN:
  9780124046320
• Topic: Economics
• Subtopic: Investments & Securities
• Index: Economics

The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in David Stowell's introduction to the ways they challenge and sustain each other. Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, his book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence. Its combination of perspectives—drawn from his industry and academic backgrounds—delivers insights that illuminate the post-2009 reinvention and acclimation processes. Through a broad view of the ways these financial institutions affect corporations, governments, and individuals, Professor Stowell shows us how and why they will continue to project their power and influence. - Emphasizes the needs for capital, sources of capital, and the process of getting capital to those who need it - Integrates into the chapters ten cases about recent transactions, along with case notes and questions - Accompanies cases with spreadsheets for readers to create their own analytical frameworks and consider choices and opportunities

Table of contents

• Cover image
• Title page
• Table of Contents
• Copyright
• Dedication
• Preface
• Acknowledgments
• 1. Overview of Investment Banking
• 2. Regulation of the Securities Industry
• 3. Financings
• 4. Mergers and Acquisitions
• 5. Trading
• 6. Asset Management, Wealth Management, and Research
• 7. Credit Rating Agencies, Exchanges, and Clearing and Settlement
• 8. International Banking
• 9. Convertible Securities and Wall Street Innovation
• 10. Investment Banking Careers, Opportunities, and Issues
• 11. Overview of Hedge Funds
• 12. Hedge Fund Investment Strategies
• 13. Shareholder Activism and Impact on Corporations
• 14. Risk, Regulation, and Organizational Structure
• 15. Hedge Fund Performance and Issues
• 16. Overview of Private Equity
• 17. LBO Financial Model
• 18. Private Equity Impact on Corporations
• 19. Organization, Compensation, Regulation, and Limited Partners
• 20. Private Equity Issues and Opportunities
• Investment Banking in 2008 (A): Rise and Fall of the Bear
• Investment Banking in 2008 (B): A Brave New World
• Freeport-McMoRan: Financing an Acquisition
• The Best Deal Gillette Could Get?: Proctor & Gamble's Acquisition of Gillette
• A Tale of Two Hedge Funds: Magnetar and Peloton
• Kmart, Sears, and ESL: How a Hedge Fund Became One of the World's Largest Retailers
• McDonald's, Wendy's, and Hedge Funds: Hamburger Hedging?: Hedge Fund Activism and Its Impact on Corporate Governance
• Porsche, Volkswagen, and CSX: Cars, Trains, and Derivatives
• The Toys “R” Us LBO
• Cerberus and the U.S. Auto Industry
• Index