Navigating the credit crunch:
how private equity investors continue to create value
Private equity (PE) companies are staying one step ahead despite uncertain economic times. Ernst & Young's latest study of the world's top 100 PE exits from 2007, How do private equity investors create value? Beyond the credit crunch, confirms earlier Ernst & Young study findings that the largest private equity-owned businesses outperform public company benchmarks and that PE investors generally create real value in their portfolio businesses. While PE deal volume and returns will likely decline in 2008, the study predicts the essential strengths of the PE business model should continue to propel value creation for portfolio companies as firms navigate the credit crunch.
On 10 September, join private equity Ernst & Young professionals as they examine study results and what they could mean for PE firms in 2008. Highlights will include:
More...
- Key metrics - How did businesses sold by PE firms perform in 2007 in comparison to public companies?
- Enterprise value (EV) performance
- How did EV grow for the 100 largest global private equity exits?
- Provenance
- How did EV performance compare among portfolio firms bought from private owners, secondary buyouts of portfolio firms from other PE investors, and buyouts of formerly listed companies?
- Market impact
- What impact did PE firms have on the market in terms of value creation?
- Investment rationale
- What were the most common investment targets of PE firms?
|