... government decided that private individuals investing in
private equity are exempt from paying tax on capital gains when they are
reinvested in private equity.
■ Employee Retirement Income Security ... banks involved in direct investments in equity, instead they
invest through LPs. The banking system is involved in the equity market through
dealing and brokerag...
... types of investments: investment in a private
equity fund, in a private equity fund of funds, or the direct investment in equity
or the construction of a private equity fund and the involvement ... phases of equity investment are fundraising,
investing, managing and monitoring, and exit.
7.2.1 Fundraising
Fundraising is the promotion of a new equity investm...
... risk capital and convertible bonds by a private equity operator. After three years, an increase
in the risk capital was realized with the involvement of two new private equity fi rms, and in
2005 ... initiative: Business Angels and corporate venture capital-
ists. A Business Angel is a private and informal investor who decides to bring risk
capital to a small o...
... retail chain in its domestic market. In 2005, FC launched an expansion strat-
egy to increase the international arm of its business by opening shops in prominent European
cities such as Berlin, Barcelona, ...
in reassuring IPO investors, so their involvement increases the possibility
of success in going public. Usually, IPOs realized with private equity inves-
tors create high...
... modifying
the existing capital structure; for example, raising additional funds, renegotiat-
ing the debt, or raising new equity capital from existing shareholders or outside
investors (venture capitalists). ... company
17.3 The main reason for turnaround or replacement fi nancing
253
Private Equity and Venture Capital in Europe: Markets, Techniques, and Deals
Copyri...
... brainstorming about the future and new destiny of private
equity and venture capital.
The story (and perhaps, the future too) of private equity and venture capi-
tal suggests that both strategies and ... emerging or developing countries and
at a policy of joint ventures with private investors to make the intervention into
small-size equity tickets easier.
Pr...
... Contract agreed and signed between investors and a
private equity company for the duration of the private equity investment.
311
Glossary
Private Investment in Public Equities (PIPES) : Investment ... Private equity fund structures in europe . Zaventem : Internal
publication .
EVCA. (2001). EVCA Mid Year Survey of Pan-European private equity and venture...
... Venture Capital Report . ( 1998 ) . Guide to private equity & venture capital in
the UK & Europe . London : Pitman Publishing .
Venture Economics. (1988). Exiting venture capital investments ... analysing industries
and competitors . New York : The Free Press .
Poterba , J. ( 1989 ) . Venture capital and capital gain taxation . In L. Summers (E...