Private Equity Accounting, Investor Reporting, and Beyond
| Author | : | |
| Rating | : | 4.17 (904 Votes) |
| Asin | : | 0133593118 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2016-07-23 |
| Language | : | English |
DESCRIPTION:
"Great resource on private equity" according to Amy Hanson. Great resource on private equity. I am new to the industry and this book helped me get up to speed quickly.. "Excellent book" according to Kennedy Mutunga. Excellent book. Easy to read and follow. Well illustrated and based on latest industry practice. Definitely it is a must read!. SF Ron said Overpriced blog postings. Extremely basic materials in a very expensive book. All the material in this book can be found online with some basic google searches.
You’ll be taken through the mechanics and tricks of the different carried interest arrangements. You’ll learn about the pitfalls of using IRR as a performance metric and the use of alternative performance metrics developed by academics and industry practitioners, such as MIRR, PME, PME+, and Peracs Alpha. In addition, you will find the valuations of various financial instruments used in private equity and updates on the use of mathematical models such as option pricing models (OPM) and probability-expected weighted return models (PWERM) accompanied by a backsolve.This book will be indispensable for private equity practitioners and fund accountants worldwide–GPs, LPs, fund administrators, and other PE service providers–regardless of their roles or the accounting standards they must follow.• Avoid costly PE accounting mistakes and oversights• Learn about the pitfalls of the IRR and consider using alternative metrics to mea
Private Equity Accounting, Investor Reporting and Beyond takes the discussion around private equity accounting to the next level beyond the basic private equity accounting principles identifying areas of importance where things can go wrong and delving into the intimate details of the different sub-asset classes such as real estate funds, infrastructure funds, debt funds, mezzanine funds, fund-of-funds (FoF) and other Limited Partners (large institutional investors, pension funds, university endowments, etc). The book also adds a new perspective – the perspective of the Limited Partners (LPs) investing in private equity allowing the LPs to have a peek at the privat
She was in charge of the technical training of the client services accountants and keeping them up-to-date with the industry and accounting developments. Larsen, Duff & Phelps; Roland Mills, PwC; Stephanie Coxon, PwC; Henry Todd, KPMG; Graeme Faulds, TopQ . Mariya Stefanova is a founding partner of Private Equity Accounting Insights (PE