Thoughts on Practical Secrets Of Private Equity Funds

Content

• Federal Securities Fraud
• Rated Top 1% U S. Law Firm

Federal Securities Fraud

It is virtually impossible to get one of these publish-MBA affiliate roles in PE except you have done PE pre-MBA. Considering that you simply will not be able to get into a PE store pre-MBA since you haven't carried out IB , this won't be potential. Even should you did, the fact that you have not carried out IB at an excellent store will put you at a drawback. Especially considering that you are from a non-target Business Partner, your candidacy has no real merits.

Investment bankers generate income by advising companies, structuring sales, raising capital Denver Podcasts, and taking a proportion fee on every transaction. Management fees are the worth charged by a fund manager to speculate capital on behalf of clients. A performance fee is a payment made to an investment manager for generating optimistic returns. The ten highest-paid hedge fund managers collectively made $7.7 billion in fees in 2018, taking their mixed net worth to $70.7 billion, in accordance with Bloomberg. The table under shows the top 5 fund managers who raked in the most in 2018.

Business Brokerage,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" width="403px" alt="cobalt sports">

To clarify how fundamental the purchase-to-sell approach is to private equity's success, it's worth reviewing the fundamentals of personal equity possession. Hedge funds and personal equity funds appeal to high-web-price individuals. LBO funds commonly acquire a lot of the equity interests or assets of the portfolio company through a newly created particular purpose acquisition subsidiary controlled by the fund, and sometimes Tyler Tysdal, research papers as a consortium of several like-minded funds. Tiger FundsIn 2000, Julian Robertson's Tiger Management failed despite raising $6 billion in belongings. A worth investor, Robertson positioned huge bets on stocks via a method that concerned shopping for what he believed to be probably the most promising shares in the markets and short selling what he considered as the worst stocks.

You will create a rare friendship together with your colleagues with whom you'll cram all days and nights to fetch deal after deal. Most folks don't see as a profit, however should you meet any investment banker ask him about it. The reality is that until you are already in the industry, with a proven observe document, and with a community of industry connections, the odds that you can start your individual private-equity fund are next to nothing. Assuming that every little thing has gone properly for 3, five, or seven years, it is time to sell the corporate and mint some money. The selling process is filled with legal, accounting, and potential regulatory obstacles as well, so you will need more legal professionals and accountants for this course of, especially should you're thinking about an IPO.

Rated Top 1% U S. Law Firm

Private equity can be often grouped right into a broader category called private capital, usually used to describe capital supporting any long-term, illiquid investment strategy. The definition of small cap can differ amongst brokerages, but usually, it is a company with a market capitalization of between $300 million and $2 billion. It is hard to interrupt into PE with mere monetary due diligence experiences. I'm planning for my next transfer amongst three selections, company finance within big four , a reputational consulting company (M&A advisor), or a boutique IB. Brutal fact and you may dislike me for this, however even should you do not consider it, a minimum of hear it; there's little hope.

Get Legal Help For Any Legal Need From People In Business

Despite its drawbacks, if you're keen to take a little more risk with 2% to five% of your investment portfolio, the potential payoff of investing in private equity could be massive. Investors should plan to carry their private equity investment for no less than 10 years.

Money management is the method of budgeting, saving, investing, spending or in any other case overseeing the capital usage of a person or group. A international chief in exchange-traded funds , iShares, Inc. has nearly $2 trillion invested in over 800 different merchandise.

Spend a pair years working in something business/finance, obtained to an M7 MBA after which recruit as a post-MBA associate in IB. Doing PE after this stint will most probably not be possible, however you'll at least have the ability to work on M&A at an investment bank. Especially considering videos with Tyler Tysdal how crowded the PE house is and how far more saturated it is getting , the IRR's are also coming down so in case you are looking to build an extended-term future on this profession, it is going to be not be as nice a space to get into.

Is a hedge fund an investment company?

A hedge fund is an actively managed investment fund that pools money from accredited investors, typically those with higher risk tolerances. A private equity fund is also a managed investment fund that pools money, but they normally invest in private, non-publicly traded companies and businesses.

If you're exhausting-working, aggressive, you aren't passionate about something particular, and you want to make a lot of money, private equity is ideal. The bottom line is that these jobs may be fairly profitable, however if you're working at a smaller fund, in a smaller city, or in an rising market, you will earn far less than what the "headline numbers" for compensation in NY suggest.

Find a niche, similar to a sure region, industry, or deal sort the place you're the skilled. If professionals on the firm really feel like they "need you," you'll be more more likely to advance. If the management groups like and trust you, they'll be way more prone to cross along an excellent word to the Partners. Speak up and categorical robust views on companies, industries, and potential deals (once you've already confirmed yourself at the firm, of course).