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| elliott management private equity: Venture Capital, Private Equity, and the Financing of Entrepreneurship Josh Lerner, Ann Leamon, 2023-05-02 In the newly revised second edition of Venture Capital, Private Equity, and the Financing of Entrepreneurship, a dedicated team of researchers and professionals delivers an authoritative and comprehensive account of the world of active investing. This important work demonstrates how venture capitalists and private equity investors do business and create value for entrepreneurs, shareholders, and other stakeholders. The authors, drawing on decades of combined experience studying and participating in the private equity markets, discuss the players, dynamics, and the incentives that drive the industry. They also describe various possibilities for the future development of private equity. This latest edition is perfect for advanced undergraduate students of finance and business, as well as MBA students seeking an insightful and accessible textbook describing the private equity markets. |
| elliott management private equity: The Caesars Palace Coup Sujeet Indap, Max Frumes, 2021-03-16 It was the most brutal corporate restructuring in Wall Street history. The 2015 bankruptcy brawl for the storied casino giant, Caesars Entertainment, pitted brilliant and ruthless private equity legends against the world's most relentless hedge fund wizards. In the tradition of Barbarians at the Gate and The Big Short comes the riveting, multi-dimensional poker game between private equity firms and distressed debt hedge funds that played out from the Vegas Strip to Manhattan boardrooms to Chicago courthouses and even, for a moment, the halls of the United States Congress. On one side: Apollo Global Management and TPG Capital. On the other: the likes of Elliott Management, Oaktree Capital, and Appaloosa Management. The Caesars bankruptcy put a twist on the old-fashioned casino heist. Through a $27 billion leveraged buyout and a dizzying string of financial engineering transactions, Apollo and TPG—in the midst of the post-Great Recession slump—had seemingly snatched every prime asset of the company from creditors, with the notable exception of Caesars Palace. But Caesars’ hedge fund lenders and bondholders had scooped up the company’s paper for nickels and dimes. And with their own armies of lawyers and bankers, they were ready to do everything necessary to take back what they believed was theirs—if they could just stop their own infighting. These modern financiers now dominate the scene in Corporate America as their fight-to-the-death mentality continues to shock workers, politicians, and broader society—and even each other. In The Caesars Palace Coup, financial journalists Max Frumes and Sujeet Indap illuminate the brutal tactics of distressed debt mavens—vultures, as they are condemned—in the sale and purchase of even the biggest companies in the world with billions of dollars hanging in the balance. |
| elliott management private equity: Private Equity at Work Eileen Appelbaum, Rosemary Batt, 2014-03-31 Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model. Economist Eileen Appelbaum and Professor Rosemary Batt carefully evaluate the evidence—including original case studies and interviews, legal documents, bankruptcy proceedings, media coverage, and existing academic scholarship—to demonstrate the effects of private equity on American businesses and workers. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. Prior research on private equity has focused almost exclusively on the financial performance of private equity funds and the returns to their investors. Private Equity at Work provides a new roadmap to the largely hidden internal operations of these firms, showing how their business strategies disproportionately benefit the partners in private equity firms at the expense of other stakeholders and taxpayers. In the 1980s, leveraged buyouts by private equity firms saw high returns and were widely considered the solution to corporate wastefulness and mismanagement. And since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by private equity firms. As their role in the economy has increased, they have come under fire from labor unions and community advocates who argue that the proliferation of leveraged buyouts destroys jobs, causes wages to stagnate, saddles otherwise healthy companies with debt, and leads to subsidies from taxpayers. Appelbaum and Batt show that private equity firms’ financial strategies are designed to extract maximum value from the companies they buy and sell, often to the detriment of those companies and their employees and suppliers. Their risky decisions include buying companies and extracting dividends by loading them with high levels of debt and selling assets. These actions often lead to financial distress and a disproportionate focus on cost-cutting, outsourcing, and wage and benefit losses for workers, especially if they are unionized. Because the law views private equity firms as investors rather than employers, private equity owners are not held accountable for their actions in ways that public corporations are. And their actions are not transparent because private equity owned companies are not regulated by the Securities and Exchange Commission. Thus, any debts or costs of bankruptcy incurred fall on businesses owned by private equity and their workers, not the private equity firms that govern them. For employees this often means loss of jobs, health and pension benefits, and retirement income. Appelbaum and Batt conclude with a set of policy recommendations intended to curb the negative effects of private equity while preserving its constructive role in the economy. These include policies to improve transparency and accountability, as well as changes that would reduce the excessive use of financial engineering strategies by firms. A groundbreaking analysis of a hotly contested business model, Private Equity at Work provides an unprecedented analysis of the little-understood inner workings of private equity and of the effects of leveraged buyouts on American companies and workers. This important new work will be a valuable resource for scholars, policymakers, and the informed public alike. |
| elliott management private equity: The Oxford Handbook of Hedge Funds Douglas Cumming, Sofia Johan, Geoffrey Wood, 2021 This handbook provides a comprehensive look at the hedge fund industry from a global perspective. |
| elliott management private equity: Takeovers: A Strategic Guide to Mergers and Acquisitions, 4th Edition Brown, Ferrara, Bird, Kubek, Regner, 2019-07-05 Takeovers: A Strategic Guide to Mergers and Acquisitions |
| elliott management private equity: Private Equity , 2010-01-31 |
| elliott management private equity: Power and Capital Dhruv Sharma, 2019-09-27 Power and Capital delves into the Author's professional experiences and personal thoughts collected from a decade of research. It provides an account on the History of Private Capital, its influences and present day Dynamics. The Author provides an overarching narrative and overview on Global Private Capital, Family Office Investing, and the impact of Warfare, Tax, Debt, and the State on the long term intergenerational viability of Private Capital. |
| elliott management private equity: The Hedge Fund Mirage Simon A. Lack, 2012-01-03 The dismal truth about hedge funds and how investors can get a greater share of the profits Shocking but true: if all the money that's ever been invested in hedge funds had been in treasury bills, the results would have been twice as good. Although hedge fund managers have earned some great fortunes, investors as a group have done quite poorly, particularly in recent years. Plagued by high fees, complex legal structures, poor disclosure, and return chasing, investors confront surprisingly meager results. Drawing on an insider's view of industry growth during the 1990s, a time when hedge fund investors did well in part because there were relatively few of them, The Hedge Fund Mirage chronicles the early days of hedge fund investing before institutions got into the game and goes on to describe the seeding business, a specialized area in which investors provide venture capital-type funding to promising but undiscovered hedge funds. Today's investors need to do better, and this book highlights the many subtle and not-so-subtle ways that the returns and risks are biased in favor of the hedge fund manager, and how investors and allocators can redress the imbalance. The surprising frequency of fraud, highlighted with several examples that the author was able to avoid through solid due diligence, industry contacts, and some luck Why new and emerging hedge fund managers are where generally better returns are to be found, because most capital invested is steered towards apparently safer but less profitable large, established funds rather than smaller managers that evoke the more profitable 1990s Hedge fund investors have had it hard in recent years, but The Hedge Fund Mirage is here to change that, by turning the tables on conventional wisdom and putting the hedge fund investor back on top. |
| elliott management private equity: Private Equity Investments in the European Football Industry. Analysis and Evaluation of a Significant Development Patrick M. Kühne, 2024-05-10 Master's Thesis from the year 2023 in the subject Business economics - Investment and Finance, grade: 1,3, Frankfurt School of Finance & Management (Finance), language: English, abstract: The landscape of European football has undergone a significant transformation in recent years, marked by a surge in interest from high-net-worth individuals and private equity firms. This interest stems from the unique blend of competitiveness, community loyalty, and lucrative revenue streams that characterize football clubs across Europe's top leagues, including the Premier League, Bundesliga, Serie A, La Liga, and Ligue 1. Private equity investments in European football clubs have become increasingly prevalent, driven by a variety of factors. One key driver is the escalating costs associated with acquiring top-tier players, which has led clubs to seek external investment to remain competitive. Additionally, football clubs represent an attractive asset class for private equity firms due to their low correlation with traditional economic sectors, offering diversification benefits to investment portfolios. Despite the inherent risks and challenges associated with investing in European football, such as resistance to change from passionate fan bases and regulatory oversight from governing bodies like UEFA, interest from private equity firms continues to grow. This research aims to delve into the motivations behind this trend and assess the potential for financial returns in the European football industry. The case study of Associazione Calcio (AC) Milan's acquisition by RedBird Capital Partners serves as a focal point for analyzing the dynamics of private equity investments in European football. By examining the historical financial performance of AC Milan, evaluating the strategic rationale behind the acquisition, and conducting a thorough valuation analysis, this study seeks to provide insights into the profitability and viability of investing in football clubs. Through a combination of literature review, empirical analysis, and real-world case studies, this research aims to address the following questions: What are the driving forces behind the increasing interest of private equity firms in European football clubs? Can investing in football clubs yield profitable returns, considering the inherent risks and regulatory constraints? What strategies and tactics do private equity firms employ to generate value from their investments in the football industry? |
| elliott management private equity: Corporate Acquisitions and Mergers in the United States Vijay Sekhon, 2024-09-17 Derived from Kluwer’s multi-volume Corporate Acquisitions and Mergers, the largest and most detailed database of M&A know-how available anywhere in the world, this work by a highly experienced partner in the leading international law firm Sidley Austin LLP provides a concise, practical analysis of current law and practice relating to mergers and acquisitions of public and private companies in the United States. The book offers a clear explanation of each step in the acquisition process from the perspectives of both the purchaser and the seller. Key areas covered include: structuring the transaction; due diligence; contractual protection; consideration; and the impact of applicable company, competition, tax, intellectual property, environmental and data protection law on the acquisition process. Corporate Acquisitions and Mergers is an invaluable guide for both legal practitioners and business executives seeking a comprehensive yet practical analysis of mergers and acquisitions in the United States. Equivalent analyses of M&A law and practice in some 50 other jurisdictions, all contributed by leading law firms, are accessible on-line at www.kluwerlawonline.com under Corporate Acquisitions and Mergers. |
| elliott management private equity: Pioneering Portfolio Management David F. Swensen, 2009-01-06 In the years since the now-classic Pioneering Portfolio Management was first published, the global investment landscape has changed dramatically -- but the results of David Swensen's investment strategy for the Yale University endowment have remained as impressive as ever. Year after year, Yale's portfolio has trumped the marketplace by a wide margin, and, with over $20 billion added to the endowment under his twenty-three-year tenure, Swensen has contributed more to Yale's finances than anyone ever has to any university in the country. What may have seemed like one among many success stories in the era before the Internet bubble burst emerges now as a completely unprecedented institutional investment achievement. In this fully revised and updated edition, Swensen, author of the bestselling personal finance guide Unconventional Success, describes the investment process that underpins Yale's endowment. He provides lucid and penetrating insight into the world of institutional funds management, illuminating topics ranging from asset-allocation structures to active fund management. Swensen employs an array of vivid real-world examples, many drawn from his own formidable experience, to address critical concepts such as handling risk, selecting advisors, and weathering market pitfalls. Swensen offers clear and incisive advice, especially when describing a counterintuitive path. Conventional investing too often leads to buying high and selling low. Trust is more important than flash-in-the-pan success. Expertise, fortitude, and the long view produce positive results where gimmicks and trend following do not. The original Pioneering Portfolio Management outlined a commonsense template for structuring a well-diversified equity-oriented portfolio. This new edition provides fund managers and students of the market an up-to-date guide for actively managed investment portfolios. |
| elliott management private equity: Pratt's Guide to Private Equity & Venture Capital Sources , 2008 |
| elliott management private equity: Strategic Management 2E Hasanraza Ansari, Strategic management of companies and organisational entities is not merely about the long-term – it is also about having a holistic and end-to-end perspective. The practice of strategic management goes beyond conceptual and analytical development of strategies and execution thereof. It has deep behavioural and philosophical undertones as well. This book, Strategic Management: Practice and Philosophy for India Inc, brings together multiple concepts of competitive strategy and strategic leadership of companies and organisational entities into one volume. It reflects the author’s rich and diversified experience covering the last forty-six years of operational and strategic leadership roles in Indian and multi-national companies across multiple industries. The book will be useful for executives, managers and leaders as well as management students. The book will provide several additional insights and constructs for academicians engaged in management teaching and research. |
| elliott management private equity: Derivative Media Andrew deWaard, 2024-09-03 A free ebook version of this title is available through Luminos, University of California Press's Open Access publishing program. Visit www.luminosoa.org to learn more. Sequels, reboots, franchises, and songs that remake old songs—does it feel like everything new in popular culture is just derivative of something old? Contrary to popular belief, the reason is not audiences or marketing, but Wall Street. In this book, Andrew deWaard shows how the financial sector is dismantling the creative capacity of cultural industries by upwardly redistributing wealth, consolidating corporate media, harming creative labor, and restricting our collective media culture. Moreover, financialization is transforming the very character of our mediascapes for branded transactions. Our media are increasingly shaped by the profit-extraction techniques of hedge funds, asset managers, venture capitalists, private equity firms, and derivatives traders. Illustrated with examples drawn from popular culture, Derivative Media offers readers the critical financial literacy necessary to understand the destructive financialization of film, television, and popular music—and provides a plan to reverse this dire threat to culture. |
| elliott management private equity: Black Edge Sheelah Kolhatkar, 2017 The rise over the last two decades of a powerful new class of billionaire financiers marks a singular shift in the American economic and political landscape. Their vast reserves of concentrated wealth have allowed a small group of big winners to write their own rules of capitalism and public policy. How did we get here? ... Kolhatkar shows how Steve Cohen became one of the richest and most influential figures in finance--and what happened when the Justice Department put him in its crosshairs--Amazon.com. |
| elliott management private equity: Understanding and Managing Strategic Governance Wei Shi, Robert E. Hoskisson, 2021-08-04 Explore the interplay between corporate governance and strategic decision-making in this startling new resource In Understanding and Managing Strategic Governance, strategy and management experts Dr. Wei Shi and Robert E. Hoskisson deliver an insightful exploration of the influence that governance actors, like the board of directors, activist investors, institutional investors, and securities analysts, have on important strategic decisions. Based on surveying the latest research and analyzing unique datasets compiled by the authors, the book explains the impact that governance actors have on a firm’s strategic choices and the quality of such choices as well as the unintended consequences of that impact. The authors also describe how executives can manage the conflicting interests of multiple governance actors and leverage the influence of these actors to make effective strategic decisions. In this book, you’ll discover: How to avoid the strategic pitfalls that arise from governance actor influence and harm firms’ long-term competitiveness The effect that governance actors can have on corporate strategy, competitive strategy, corporate innovation strategy, global strategy, stakeholder strategy, and more The latest trends in corporate governance and their implications for managers, regulators, and policy makers in this area Perfect for C-level executives, board of directors, and institutional investors as well as students of corporate governance and strategy, Understanding and Managing Strategic Governance is a revealing and original examination of the interplay between corporate governance and firm strategy and how to manage that interplay to create sustainable competitive advantages. |
| elliott management private equity: The Carrot and the Stick William Putsis, 2020-02-03 In today's business environment, companies that find and win points of strategic control are those that win. This book is about not only how to spot them, but how to control them and extend them to multiple market opportunities. |
| elliott management private equity: The New Investment Superstars Lois Peltz, 2001-04-19 Now, The New Investment Superstars provides you with a unique opportunity to get to know these market masters and learn the original investment strategies they have used in many markets to outperform their peers.--Jacket. |
| elliott management private equity: The Allocator’s Edge Phil Huber, 2021-11-30 We are entering a golden age of alternative investments. Alternative asset classes including private equity, hedge funds, catastrophe reinsurance, real assets, non-traditional credit, alternative risk premia, digital assets, collectibles, and other novel assets are now available to investors and their advisors in a way that they never have been before. The pursuit of diversification is not as straightforward as it once was — and the classic 60/40 portfolio may no longer be sufficient in helping investors achieve their most important financial goals. With the ever-present need for sustainable income and risk management, alternative assets are poised to play a more prominent role in investor portfolios. Phil Huber is the Chief Investment Officer for a multi-billion dollar wealth management firm and acts as your guide on a journey through the past, present, and future of alternative investments. In this groundbreaking tour de force, he provides detailed coverage across the spectrum of alternative assets: their risk and return characteristics, methods to gain exposure, and how to fit everything into a balanced portfolio. The three parts of The Allocator’s Edge address: 1. Why the future may present challenges for traditional portfolios; why the adoption of alternatives has remained elusive for many allocators; and why the case for alternatives is more compelling than ever thanks to financial evolution and innovation. 2. A comprehensive survey of the asset classes and strategies that comprise the vast universe of alternative investments. 3. How to build durable and resilient portfolios that harness alternative assets; and how to sharpen the client communication skills needed to establish proper expectations and make the unfamiliar familiar. The Allocator’s Edge is written with the practitioner in mind, providing financial advisors, institutional allocators, and other professional investors the confidence and courage needed to effectively understand, implement, and translate alternatives for their clients. Alternative investments are the allocator’s edge for the portfolios of tomorrow — and this is the essential guide for advisors and investors looking to seize the opportunity. |
| elliott management private equity: Passion Economy and the Side-Hustle Revolution Utkarsh Amitabh, 2023-03-20 Work' is getting unbundled from 'employment' and the 'Great Resignation' has become the new normal. As the passion economy becomes mainstreamed, people will look to build a portfolio of professions that create multiple income streams. They are likely to monetize their passions and build a career on their terms, seeking autonomy, mastery and purpose along the way. Today it is possible to do what you love, teach what you love and make a living. This book will tell you how. |
| elliott management private equity: Mergers & Acquisitions Review Mark Zerdin, 2017-10-31 The Mergers & Acquisitions Review, edited by Mark Zerdin of Slaughter and May, seeks to provide a richer understanding of the shape of M&A in the global markets, together with the challenges and opportunities facing market participants. This comes at a time when the international market has seen a boom in dealmaking, with many markets reaching post-crisis peaks and some recording all-time highs. Mega-deals have been at the heart of the expanding market, with companies tapping into cash piles and cheap debt to fund transformational deals. Looking behind the headline figures, however, a number of factors suggest dealmaking may not continue to grow as rapidly as it has done recently. This book examines this topic and more across over 55 jurisdictions, as well as providing more general interest chapters covering the European Union, European Private Equity, M&A Litigation, and Offshore Private Equity. Contributors include: Didier Marti, Bredin Prat; Heinrich Knepper, Hengeler Mueller; Javier Ruiz-Camara Bayo, Uria Menendez. |
| elliott management private equity: America's Dark History H. H. Charles, 2021-07-12 Trump’s “Make America Great Again” was a crass slogan intended to appeal to the most antiquated and base emotions, resentments, and bigotry that plague far too many “Americans” who still believe in white supremacy. Using historical sources found on various research platforms, Part I reviews the genocide, persecution, and bigotry practiced from Columbus to Trump on natives, immigrants, Africans, and others. There is no review of Trump as what he has done and is doing is well-covered by present-day media. Acknowledging it is hardly an exhaustive compilation, Part II lists the contributions made by those who suffered from their not being white Anglo immigrants to America. The book is an attempt to have Americans, who will listen and care, recognize that America does not need to be made “great again.” America needs to be made great. |
| elliott management private equity: T Bytes Hybrid Cloud Infrastructure IT-Shades, 2020-09-30 This document brings together a set of latest data points and publicly available information relevant for Hybrid Cloud Infrastructure Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely. |
| elliott management private equity: Ecosystem Edge Peter J. Williamson, Arnoud De Meyer, 2020-04-14 To succeed in the face of disruptive competition, companies will need to harness the power of a wide range of partners who can bring different skills, experience, capacity, and their own networks to the task. With the advent of new technologies, rapidly changing customer needs, and emerging competitors, companies across more and more industries are seeing their time-honored ways of making money under threat. In this book, Arnoud De Meyer and Peter J. Williamson explain how business can meet these challenges by building a large and dynamic ecosystem of partners that reinforce, strengthen, and encourage innovation in the face of ongoing disruption. While traditional companies know how to assemble and manage supply chains, leading the development of a vibrant ecosystem requires a different set of capabilities. Ecosystem Edge illustrates how executives need to leave notions of command and control behind in favor of strategies that will attract partners, stimulate learning, and promote the overall health of the network. To understand the practical steps executives can take to achieve this, the authors focus on eight core examples that cross industries and continents: Alibaba Group, Amazon.com, ARM, athenahealth, Dassault Systèmes S.E., The Guardian, Rolls-Royce, and Thomson Reuters. By following the principles outlined in this book, leaders can learn how to unlock rapid innovation, tap into new and original sources of value, and practice organizational flexibility. As a result, companies can gain the ecosystem edge, a key advantage in responding to the challenges of disruption that business sees all around it today. |
| elliott management private equity: States of Play Miguel Delaney, 2024-11-07 'Important, perfectly timed and hugely necessary.' - The Guardian 'A must-read on how modern football works.' - Ian Wright 'In this excellent investigation, Delaney reveals the ugly side of the beautiful game.' - Oliver Bullough 'Brave, forensic and utterly gripping.' - Tom Holland 'Majestic... the essential guide to how the people's game has become the plaything of the very rich and powerful.' - Jonathan Wilson ______________________________ The definitive account of how capitalism and the world's elite corrupted modern football As the 2022 World Cup in Qatar drew to a close, there was a bitter undercurrent to Argentina's triumph. Throughout the tournament, numerous allegations of sportswashing and financial misconduct had been made against the state of Qatar, moving what had previously been a smaller conversation into the worldwide spotlight. The question had been asked, who really owns and runs football? Journeying from Abu Dhabi to Newcastle, and onto London, Paris, Moscow and New York, journalist Miguel Delaney investigates the allegations of sportswashing and misconduct in the beautiful game. The result is a gripping account of how football has been taken over by the world's wealthiest businessmen, state-backed corporations, media tycoons and oil-rich oligarchs. From Neymar's £198 million transfer to Paris Saint-Germain and Abu Dhabi's construction empire in Manchester to failed Financial Fair Play constraints and the dawn of the European Super League, Miguel draws on exclusive interviews and unprecedented access to key stakeholders to produce an all-encompassing exposé of modern footballs highest echelons. Authoritative, riveting and eye-opening, States of Play reveals how football has become a tool for the world's elite. ______________________________ 'Delaney's diligence and determination to hold authorities to account is the moral compass that the game needs.' - Andy Brassell 'The most important football book of its generation.' - Jack Pitt-Brooke 'An eye-opening and essential investigation into the forces shaping the world's most popular sport.' - Joshua Robinson & Jonathan Clegg 'This book tackles the major issue affecting football today with fearlessness and forensic scrutiny. An important investigation for our times.' - Laurie Whitwell |
| elliott management private equity: Disruption in Financial Reporting Krish Bhaskar, John Flower, 2021-01-21 Since the global financial crisis of 2007–8, new laws and regulations have been introduced with the aim of improving the transparency in financial reporting. Despite the dramatically increased flow of information to shareholders and the public, this information flow has not always been meaningful or useful. Often it seems that it is not possible to see the wood for the trees. Financial scalds continue, as Wirecard, NMC Health, Patisserie Valerie, going back to Carillion (and many more) demonstrate. Financial and corporate reporting have never been so fraught with difficulties as companies fail to give guidance about the future in an increasingly uncertain world aided and abetted by the COVID-19 pandemic. This concise book argues that the changes have simply masked an increase in the use of corporate PR, impression management, bullet points, glossy images, and other simulacra which allow poor performance to be masked by misleading information presented in glib boilerplate texts, images, and tables. The tone of the narrative sections in annual reports is often misleading. Drawing on extensive research and interviews with insiders and experts, this book charts what has gone wrong with financial reporting and offers a range of solutions to improve information to both investors and the public. This provides a framework for a new era of forward-looking corporate reporting and guidance based on often conflicting multiple corporate goals. The book also examines and contrasts the latest thinking by the regularity authorities. Providing a compelling exploration of the industry’s failings and present difficulties, and the impact of future disruption, this timely, thought-provoking book will be of great interest to students, researchers, and professionals as well as policy makers in accounting, financial reporting, corporate reporting, financial statement analysis, and governance. |
| elliott management private equity: Practical Guide to SEC Proxy and Compensation Rules, 6th Edition Goodman, Fontenot, 2018-11-21 A Practical Guide to SEC Proxy and Compensation Rules, Sixth Edition is designed to meet the special needs of corporate officers and other professionals who must understand and master the latest changes in compensation disclosure and related party disclosure rules, including requirements and initial SEC implementing rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Current, comprehensive and reliable, the Guide prepares you to handle both common issues and unexpected situations. Contributions from the country's leading compensation and proxy experts analyze: Executive compensation tables Compensation disclosure and analysis Other proxy disclosure requirements E-proxy rules Executive compensation under IRC Section 162(m) And much more! Organized for quick, easy access to all the issues and areas you're likely to encounter in your daily work, A Practical Guide to SEC Proxy and Compensation Rules Dissects each compensation table individually--the summary compensation table, the option and SAR tables, the long-term incentive plan table--and alerts you to the perils and pitfalls of each one Walks you through preparation of the Compensation Disclosure and Analysis Explains the latest interpretations under the SEC's shareholder proposal rule and institutional investor initiatives and what they mean for the coming proxy season Helps you tackle planning concerns that have arisen in the executive compensation context, including strategies for handling shareholder proposals regarding executive compensation and obtaining shareholder approval of stock option plans The Sixth Edition reflects the latest SEC and IRS regulations, guidance, interpretations and disclosure practices. It adds a new chapter focused on developments and practices relating to required public company say-on-pay advisory votes pursuant to the Dodd-Frank Act. Another new chapter addresses director qualifications and Board leadership, diversity, and risk oversight disclosures. This one-volume guide will help you prepare required disclosures as well as make long-range plans that comply fully with regulations and positions taken by the SEC more quickly and completely than ever before. In addition, we've updated the Appendices to bring you the latest rules and relevant primary source material. Previous Edition: Practical Guide to SEC Proxy and Compensation Rules, Fifth Edition ISBN 9780735598959 |
| elliott management private equity: Entrepreneurial Financial Management Jeffrey R. Cornwall, David O. Vang, Jean M. Hartman, 2019-08-13 This fifth edition of a classic and comprehensive resource presents an applied, realistic view of entrepreneurial finance for today’s entrepreneurs, completely updated to address the latest trends and technologies. The book provides an integrated set of concepts and applications, drawing from entrepreneurship, finance and accounting, that will prepare aspiring entrepreneurs for the world they will most likely face as they start their new businesses. The contents are designed to follow the life cycle of a new business venture. Topics are presented in logical order, as entrepreneurs will likely face them as they begin the process of business start-up and move into growing the business. Both undergraduate and graduate students will appreciate the clear presentation of complex issues, and this book is an essential resource for budding entrepreneurs as well. A comprehensive spreadsheet financial template is included with the book, and an all-new case study provides questions that will help students learn the template as they proceed through the book. This tool allows for the application of many of the concepts to actual businesses and can be a valuable supplement to the process of developing a full business plan. The spreadsheet financial template is available for unlimited free downloads at Professor Cornwall’s blog site: www.drjeffcornwall.com. |
| elliott management private equity: Institutional Investor Activism William Bratton, Joseph A. McCahery, 2015-08-20 The past two decades has witnessed unprecedented changes in the corporate governance landscape in Europe, the US and Asia. Across many countries, activist investors have pursued engagements with management of target companies. More recently, the role of the hostile activist shareholder has been taken up by a set of hedge funds. Hedge fund activism is characterized by mergers and corporate restructuring, replacement of management and board members, proxy voting, and lobbying of management. These investors target and research companies, take large positions in `their stock, criticize their business plans and governance practices, and confront their managers, demanding action enhancing shareholder value. This book analyses the impact of activists on the companies that they invest, the effects on shareholders and on activists funds themselves. Chapters examine such topic as investors' strategic approaches, the financial returns they produce, and the regulatory frameworks within which they operate. The chapters also provide historical context, both of activist investment and institutional shareholder passivity. The volume facilitates a comparison between the US and the EU, juxtaposing not only regulatory patterns but investment styles. |
| elliott management private equity: The Little Book of Impact Investing Priya Parrish, 2024-10-15 Explore the strategies of impact investing that deliver financial gains and positive results for people and the planet In The Little Book of Impact Investing: Aligning Profit and Purpose to Change the World, veteran investor and author Priya Parrish delivers a timely, inspiring, and practical exploration of an investing discipline that is rapidly taking center stage in contemporary finance. In the book, you'll explore how and why impact investing has become an essential strategy for retail and institutional investors around the world and how it can help you build and manage high-performing portfolios while making a positive difference in the world around you. The author explains the universe of opportunities made available by impact investing by diving deep into both the public and private markets. You'll learn how the discipline is related to modern portfolio theory, diversity considerations, issues of climate change, sustainable investing, and recent controversies about ESG investing. You'll also discover: Where impact investing came from, how it's shaping markets today, and where it's going in the near future Impact investing goals and how they relate to financial returns and risk The management tools utilized by leading impact investors to improve performance. An essential resource for retail and institutional investors, The Little Book of Impact Investing is destined to become the gold standard in impact investing reference books for anyone seeking and up-to-date and insightful discussion of one of the most exciting and influential investment disciplines in contemporary finance. |
| elliott management private equity: California Burning Katherine Blunt, 2022-08-30 NATIONAL BESTSELLER 2022 Winner of the Golden Poppy Award for Nonfiction (California Independent Booksellers Alliance) A revelatory, urgent narrative with national implications, exploring the decline of California’s largest utility company that led to countless wildfires — including the one that destroyed the town of Paradise — and the human cost of infrastructure failure Pacific Gas and Electric was a legacy company built by innovators and visionaries, establishing California as a desirable home and economic powerhouse. In California Burning, Wall Street Journal reporter and Pulitzer finalist Katherine Blunt examines how that legacy fell apart—unraveling a long history of deadly failures in which Pacific Gas and Electric endangered millions of Northern Californians, through criminal neglect of its infrastructure. As PG&E prioritized profits and politics, power lines went unchecked—until a rusted hook purchased for 56 cents in 1921 split in two, sparking the deadliest wildfire in California history. Beginning with PG&E’s public reckoning after the Paradise fire, Blunt chronicles the evolution of PG&E’s shareholder base, from innovators who built some of California's first long-distance power lines to aggressive investors keen on reaping dividends. Following key players through pivotal decisions and legal battles, California Burning reveals the forces that shaped the plight of PG&E: deregulation and market-gaming led by Enron Corp., an unyielding push for renewable energy, and a swift increase in wildfire risk throughout the West, while regulators and lawmakers pushed their own agendas. California Burning is a deeply reported, character-driven narrative, the story of a disaster expanding into a much bigger exploration of accountability. It’s an American tragedy that serves as a cautionary tale for utilities across the nation—especially as climate change makes aging infrastructure more vulnerable, with potentially fatal consequences. |
| elliott management private equity: Corporate Governance and Investment Management Roger M. Barker, Iris H.-Y. Chiu, 2017-12-29 Shareholder engagement with publicly listed companies is often seen as a key means to monitor corporate malpractices. In this book, the authors examine the corporate governance roles of key institutional investors in UK corporate equity, including pension funds, insurance companies, collective investment funds, hedge and private equity funds and sovereign wealth funds. They argue that institutions’ corporate governance roles are an instrument ultimately shaped by private interests and market forces, as well as law and regulatory obligations, and that policy-makers should not readily make assumptions regarding their effectiveness, or their alignment with public interest or social good. |
| elliott management private equity: Introduction to Private Equity, Debt and Real Assets Cyril Demaria, 2020-06-15 Fully revised and updated to reflect changes in the private equity sector Building on and refining the content of previous editions, Introduction to Private Equity, Debt and Real Assets, Third Edition adopts the same logical, systematic, factual and long-term perspective on private markets (private equity, private debt and private real assets) combining academic rigour with extensive practical experience. The content has been fully revised to reflect developments and innovations in private markets, exploring new strategies, changes in structuring and the drive of new regulations. New sections have been added, covering fund raising and fund analysis, portfolio construction and risk measurement, as well as liquidity and start-up analysis. In addition, private debt and private real assets are given greater focus, with two new chapters analysing the current state of these evolving sectors. • Reflects the dramatic changes that have affected the private market industry, which is evolving rapidly, internationalizing and maturing fast • Provides a clear, synthetic and critical perspective of the industry from a professional who has worked at many levels within the industry • Approaches the private markets sector top-down, to provide a sense of its evolution and how the current situation has been built • Details the interrelations between investors, funds, fund managers and entrepreneurs This book provides a balanced perspective on the corporate governance challenges affecting the industry and draws perspectives on the evolution of the sector. |
| elliott management private equity: UK Directory of Executive Recruitment Executive Grapevine International Limited, 2004-07 The UK Directory of Executive Recruitment is a comprehensive source of information on the UK's executive search and selection consultancies. |
| elliott management private equity: Venture Capital and Private Equity Yearbook, 2004/05 Lisa Paul, 2004 |
| elliott management private equity: The Emergence of Corporate Governance Knut Sogner, Andrea Colli, 2021-05-31 Corporate governance is not just about models of best practice organisation or prescriptions following laws or social conventions. Corporate governance is also about persons of power seeking performance, and they do so in ways that transcend structures and pre-conceived notions of the structural set-up of the business. This book emphasises the decision-making dimensions of corporate governance, placing it right in the messy middle of the ever-changing world of capitalism, focussing on the interplay between professional managers and shareholders. This book aims to bring together several fresh perspectives on the development of capitalism seen through the lens of corporate governance. It illustrates the role of intentionality and persons, both as a method with which to understand processes of change, but also as a principle with which to seek a deeper understanding of the corporate governance choices made. It will be of interest to researchers, academics and students in the fields of corporate governance and entrepreneurship, as well as practitioners and other audience interested in the evolution of capitalism and corporate culture. |
| elliott management private equity: Corporate Governance Lawrence E. Mitchell, 2017-05-15 The study of corporate governance is a relatively modern development, with significant attention devoted to the subject only during the last fifty years. The topics covered in this volume include the purpose of the corporation, the board of directors, the role of shareholders, and more contemporary developments like hedge fund activism, the role of sovereign wealth funds, and the development of corporate governance law in what perhaps will become the dominant world economy over the next century, China. The editor has written an introductory essay which briefly describes the intellectual history of the field and analyses the material selected for the volume. The papers which have been selected present what the editor believes to be some of the best and most representative studies of the subjects covered. As a result the volume offers a rounded view of the contemporary state of the some of the dominant issues in corporate governance. |
| elliott management private equity: Creditocracy Andrew Ross, 2014-02-20 It seems like pretty much everybody – homeowners, students, those who are ill and without health insurance, and, of course, credit card holders – is up to their neck in debt that can never be repaid. 77% of US households are seriously indebted and one in seven Americans has been pursued by debt collectors. The major banks are bigger and more profitable than before the 2008 crash, and legislators are all but powerless to bring them to heel. In this forceful, eye-opening survey, Andrew Ross contends that we are in the cruel grip of a creditocracy – where the finance industry commandeers our elected governments and where the citizenry have to take out loans to meet their basic needs. The implications of mass indebtedness for any democracy are profound, and history shows that whenever a creditor class becomes as powerful as Wall Street, the result has been debt bondage for the bulk of the population. Following in the ancient tradition of the jubilee, activists have had some success in repudiating the debts of developing countries. The time is ripe, Ross argues, for a debtors’ movement to use the same kinds of moral and legal arguments to bring relief to household debtors in the North. After examining the varieties of lending that have contributed to the crisis, Ross suggests ways of lifting the burden of illegitimate debts from our backs. Just as important, Creditocracy outlines the kind of alternative economy we need to replace a predatory debt-money system that only benefits the 1%. |
| elliott management private equity: Raising Venture Capital Finance in Europe Keith Arundale, 2007-04-03 European private equity investment reached €47 billion in 2005, up 27% from 2004. Funds raised for private equity were €72 billion, up 250% on the previous year, both figures being all time highs. Raising Venture Capital Finance in Europe provides business owners, entrepreneurs and investors alike with a step-by-step approach to exploiting this market and funding new projects effectively. Written by Keith Arundale, an advisor and commentator on the European and US VC and private equity industry for over 20 years, the guide blends business experience with practical approaches to enable the reader to maximize the opportunities available. The book includes a series of real-life case studies from venture capitalists and entrepreneurs from around Europe, each with practical tips for successful venture capital finance raising. With forewords from Sir Paul Judge (Chairman, Enterprise Education Trust) and Patrick Sheehan (Chairman, Venture Capital Committee, European Private Equity and Venture Capital Association) the book begins with a brief introduction to the field, including an analysis of current trends and issues in the industry, and goes on to provide a detailed framework for an objective assessment of each business opportunity. The book looks at sources of finance and private equity, shows how to write a successful business plan, details the entire investment process, and considers the tax and legal issues involved. A particular feature of the book is that it looks at the topic from both sides - showing what the venture capitalist is looking for as well as detailing how an entrepreneur or business owner can make proposals attractive to those investors This means that the reader will be able to minimize time wasted on unnecessary activities and therefore develop investment approaches which are succinct, relevant, and give every chance of success. |
| elliott management private equity: Comparative Law Yearbook of International Business Volume 43 Christian Campbell, 2021-11-11 The Comparative Law Yearbook of International Business, published under the auspices of the Center for International Legal Studies, in this 43rd volume spans an arc of timely and challenging concerns for business law practitioners and academics alike. It discusses: how arbitrability of intellectual property rights disputes might improve worldwide IPR enforcement; how the “disregard of legal entity” may be used to establish implied consent by a person or entity that is not a signatory to an arbitration agreement; how an effective cross-border insolvency framework under the Indian insolvency and bankruptcy code can borrow from the UNCITRAL Model Law’s and other jurisdictions’ approaches to the tension between “universality” and “territoriality”; how a promising new mediation act for Pakistan may help resolve a backlog of millions of cases in a jurisdiction with a patchwork of traditional and modern alternative dispute resolution mechanisms; how the European Union seeks to balance the taxation of digital services; how Brazil is addressing the taxation of offshore indirect transfers; how private equity capital structures in the unique market of professional sports create opportunities as well as risks; how Securities Market Regulation theory plays a role in the organization and development of active securities markets, particularly in emerging markets; and how non-signatories can be bound by arbitration agreements in Brazil through “disregard of legal entity” to ascertain implied consent. The authors are practitioners and academics from Brazil, England, France, India, Pakistan, Singapore, the United States and Uzbekistan. They offer a broad and diverse perspective on some of today’s pressing business law issues in a shrinking world. |
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Elliott Investment Management - Wikipedia
Elliott Investment Management L.P. is an American investment management firm. It is also one of the largest activist funds in the world. [4] It is the management affiliate of American hedge …
Welcome | Elliott Management
Elliott Investment Management is one of the oldest fund managers of its kind under continuous management. We aim to protect and grow our client capital consistently over time.
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Home - Elliott Advocacy
Jan 12, 2022 · Elliott Advocacy is a nonprofit consumer advocacy organization that empowers consumers to solve their problems and helps those who can’t.
Elliott: Name Meaning, Origin, Popularity, & Inspiration
Aug 7, 2024 · What does Elliott mean and stand for? The name Elliott is of Hebrew origin and means either "high" or "Jehovah is God". It is not only a variation of the name Elliot, but it is …
Elliott Name Meaning, Origin, History, And Popularity
May 7, 2024 · Elliott, an extraordinary name, draws inspiration from the renowned Hebrew name Elijah found in the Bible. Its historical roots blend seamlessly with its gender-neutral charm, …
Elliott Electric Supply Company - Electrical Supply Store providing ...
We offer you the lowest cost and real-time stock numbers on the industry's best quality electrical supplies for residential, commercial, and industrial construction and wiring. We specialize in …
Elliott Investment Management - Wikipedia
Elliott Investment Management L.P. is an American investment management firm. It is also one of the largest activist funds in the world. [4] It is the management affiliate of American hedge …
Welcome | Elliott Management
Elliott Investment Management is one of the oldest fund managers of its kind under continuous management. We aim to protect and grow our client capital consistently over time.
Aftermarket Services | Ebara Elliott Energy
Ebara Elliott Energy Cryogenic Products is the premier manufacturer of cryogenic pumps and expanders for the worldwide liquefied gas industry, offering over 40 years of continuous …
Elliott Equipment Company | Built For You
Elliott Equipment Company specializes in not only flexibility and customization, but our products are the toughest too. Even through the most hostile applications, Elliott machines are …
How activist investor Elliott became the shark that transforms …
Aug 26, 2024 · Elliott Investment Management is one of the largest activist funds in the world, building its reputation on aggressive and public tactics aimed at transforming firms. The West …
Elliott: Name Meaning, Popularity and Info on BabyNames.com
Jun 8, 2025 · What is the meaning of the name Elliott? The name Elliott is primarily a male name of English origin that means The Lord Is My God. Elliot is originally a derivation of the name …
Home - Elliott Advocacy
Jan 12, 2022 · Elliott Advocacy is a nonprofit consumer advocacy organization that empowers consumers to solve their problems and helps those who can’t.
Elliott: Name Meaning, Origin, Popularity, & Inspiration
Aug 7, 2024 · What does Elliott mean and stand for? The name Elliott is of Hebrew origin and means either "high" or "Jehovah is God". It is not only a variation of the name Elliot, but it is …
Elliott Name Meaning, Origin, History, And Popularity
May 7, 2024 · Elliott, an extraordinary name, draws inspiration from the renowned Hebrew name Elijah found in the Bible. Its historical roots blend seamlessly with its gender-neutral charm, …
