E-Book, Englisch, 301 Seiten
Sommer Private Equity Investments
2013
ISBN: 978-3-658-00234-3
Verlag: Springer
Format: PDF
Kopierschutz: 1 - PDF Watermark
Drivers and Performance Implications of Investment Cycles
E-Book, Englisch, 301 Seiten
Reihe: Schriften zum europäischen Management
ISBN: 978-3-658-00234-3
Verlag: Springer
Format: PDF
Kopierschutz: 1 - PDF Watermark
Private Equity experienced dramatic flutuations 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 transations between 1990 and 2009 she applies a variety of econometrial 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 private equity funds, she reveals how fund performance is linked to investment activity. ?
Dr. Claudia Sommer completed her doctoral thesis under the supervision of Prof. Andreas Grüner and Prof. Klaus Spremann at the University of St. Gallen. She is Head of Corporate Development of a leading German retail and E-commerce company and has a track record in top management consulting.
