PE Info
avatar

REASONS FOR AND AGAINST

Private Equity General info:

http://en.wikipedia.org/wiki/Private_equity

http://mba.tuck.dartmouth.edu/pages/clubs/peclub/pdfs/Private_Equity_Careers.pdf

http://www.library.hbs.edu/guides/vcpe.html

http://www4.gsb.columbia.edu/privateequity

 

http://topics.nytimes.com/topics/reference/timestopics/subjects/p/private_equity/index.html (Private Equity News,  NYT)

http://www.pegcc.org/ (The Private Equity Growth Capital Council, based in Washington, DC, is an advocacy, communications and research organization and resource center established to develop, analyze and distribute information about the private equity and growth capital investment industry and its contributions to the national and global economy.)

http://pepdigest.com/  (Private Equity Professional Digest– this has the PEP Digest’s Carried Interest and Compensation Survey– A must read for you I think)

http://www.eisneramper.com/uploadedFiles/Resource_Center/Articles/Articles/EisnerAmperPulse_Spring2011.pdf (The Pulse of Private Equity: The Report contains data on transaction and deal flow, debt financing, fund activities and level of portfolio company interaction, as well as views on limited partners’ concerns

Role of General Counsel

http://www.law.com/jsp/cc/PubArticleCC.jsp?id=1189587767687 (As private equity firms grow, broaden the scope of their investments and encounter more litigation, a rising number of them are hiring general counsel.)

 

Carried Interest and Comp:

http://en.wikipedia.org/wiki/Carried_interest

http://www.investopedia.com/terms/c/carriedinterest.asp#axzz1V7Iwb2jS

http://www.pepdigest.com/images/PDFArticles/pepd2.pdf  (sneak peek, 2009 PEP Carried Interest and Compensation Survey– not full survey)

http://www.pepdigest.com/index.php?option=com_content&view=article&catid=34:news-to-know&id=2651:non-partners-increase-share-of-carried-interest  (According to the most recent carried interest survey conducted by Private Equity Professional Digest, carry has become so widespread that most private equity firms give entry-levelprofessionals a small percentage of carried interest and some even allow administrative staff to participate in the carry.)

http://privateequityblogger.com/2010/08/carried-interest-compensation.html  (Based on PEP Carried Interest and Compensation Survey.  The average carried interest allocation for top professionals at private equity firms is 10.5%.  The average carried interest allocation for mid-level professionals is 8.55%)

http://fis.dowjones.com/PDF/ExecutiveSummary_Holt08.pdf (Dow Jones Private Equity Analyst-Holt Compensation Study 2008)

http://www.dowjones.com/privatemarkets/compensation.asp (The new Dow Jones Private Equity Analyst–Glocap Compensation Study combines Glocap’s in-depthcompensation data and Dow Jones’ unparalleled market knowledge to give firm management, hiring professionals and HR staff an even more accurate and comprehensive view of how compensation is evolving throughout the private equity industry.)

http://www.slideshare.net/privateequityjobs/2011-private-equity-compensation-report-summary (2011 Private Equity Compensation Report Summary)

http://www.candidcapital.com/node/45 (How Private Equity Managers are Rewarded – Part 1)

http://www.wallstreetoasis.com/forums/part-of-carried-interest-for-sr-associatevp-in-a-small-pe-fund (What percent of the total carried interest do Sr. Associates/VPs usually get in a lower middle market PE funds?  Expect anywhere between 0 and maybe 300 basis points.)

http://www.pepdigest.com/index.php?option=com_content&view=article&catid=34:news-to-know&id=2651:non-partners-increase-share-of-carried-interest  (“Now all the principals, vice presidents and senior associates are given carry. So many private equity firms gave it, now it is an obligation.”)

http://seekingalpha.com/instablog/272130-theo-o-brien/89915-framing-the-debate-on-carried-interest (I’ve talked a lot in recent months about how private equity compensation will be affected by proposals from Congress to change the taxation of carried interest.  This is a big concern, as the carry is a huge part of the private equity compensation structure.  )

http://privateequitycompensation.com/wp-content/uploads/2010/12/2011_SAMPLE_PrivateEquityCompensation_com.pdf  (Annually JobSearchDigest.com conducts a comprehensive compensation survey to discover insights into the changing landscape of private equity compensation. SAMPLE)

http://www.investmentbenchmarks.com/files/2010pecr-excerpt.pdf (This is the ninth annual Private Equity Compensation Report published by Glocap and Thomson Reuters (formerly Thomson Financial EXCERPT)

Private Equity and Venture Capital Glossary of Terms:

http://www.altassets.com/private-equity-glossary.html

http://www.investopedia.com/articles/stocks/09/abcs-of-private-equity.asp#axzz1V7Iwb2jS (Learn The Lingo Of Private Equity Investing)

May be interesting:

http://www.hedgefundlawblog.com/

http://www.peimedia.com/

Founders Fund

http://www.foundersfund.com/

Clarium

https://www.clarium.com/

http://en.wikipedia.org/wiki/Clarium_Capital
http://www.bloomberg.com/news/2011-08-15/thiel-s-clarium-hedge-fund-to-make-tech-investments-after-losses.html

PT

http://en.wikipedia.org/wiki/Peter_Thiel

 

http://www.youtube.com/watch?v=WX2METdzjxU

http://www.forbes.com/forbes/2011/0214/features-peter-thiel-social-media-life-after-facebook.html

http://blogs.wsj.com/digits/2011/08/09/video-peter-thiel-talks-tech-bubble-ipos/

http://www.bloomberg.com/news/2011-08-15/thiel-s-clarium-hedge-fund-to-make-tech-investments-after-losses.html

http://vator.tv/news/2011-07-20-peter-thiel-dont-think-of-companies-as-statistics

http://vator.tv/news/2010-10-01-peter-thiels-lessons-from-paypal

http://www.thestreet.com/story/11154811/1/peter-thiel-urges-investing-in-human-rights.html

http://bigthink.com/peterthiel#!video_idea_id=17723

 

Exec Ed:

http://www.gsb.stanford.edu/exed/programs.html

http://www.exed.hbs.edu/programs/Pages/default.aspx

http://www.exed.hbs.edu/programs/pevc/Pages/default.aspx (Private Equity and Venture Capital $9500 October 30–November 3, 2011 (HBS Campus))

http://grad-schools.usnews.rankingsandreviews.com/best-graduate-schools/top-business-schools/executive-rankings (US news exec program rankings)

READING LIST

http://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259/ref=pd_sim_b_26

http://www.amazon.com/Investment-Valuation-Techniques-Determining-Second/dp/0471414883/ref=pd_sim_b_5

 

This entry was posted in notpublic. Bookmark the permalink.

Leave a Reply