Sommer, Claudia. <br/><br/>
Private Equity Investments  Drivers and Performance Implications of Investment Cycles /  [electronic resource] : 
by Claudia Sommer. 
 - XXVIII, 301 p. 25 illus.  online resource. 
 - Schriften zum europ�aischen Management .
 - Schriften zum europ�aischen Management .
<br/><br/>Review of economic and business literature on private equity in Europe -- Development of a theoretical framework on private equity investment cycles -- Analysis of factors driving private equity investment activity on aggregate and industry level -- Analysis of the performance implications of investment cycles -- Practical implications, summary and conclusion. 
<br/><br/> Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data set of more than 40,000 European transactions, she applies a variety of econometrical approaches and shows how neoclassical aspects, information asymmetries, agency conflicts, and market timing contribute to the dynamics in the private equity market. In a performance analysis of more than 1,300 European funds she reveals the resulting performance implications. 
<br/><br/><label>ISBN: </label>9783658002343 
<br/><br/><label>Standard No.: </label>10.1007/978-3-658-00234-3  doi 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Finance.<br/>Finance.<br/>Finance, general.
<br/><br/><label>LC Class. No.: </label>HG1-HG9999 
<br/><br/><label>Dewey Class. No.: </label>332