How a Private Equity Fund Is Organised

Behind every Private Equity fund stands a management company: a team that raises the capital, selects the companies, and decides to invest and then to sell. The analyses under this theme describe the profession from the inside: the life of a Private Equity investor, the training of teams, the place of women, the workings of an investment committee, the mistakes to avoid and the role of time in value creation. They also examine the consolidation of the industry, in which the large houses absorb the smaller ones.

Key metrics:

• the size and term of funds;
• the governance of investment and exit decisions;
• the alignment of interests between managers and investors (carried interest, partners’ commitment).

Start with: No. 22 — The Consolidation of Private Equity Players · No. 19 — The 10 Mistakes to Avoid in Private Equity