Investment banks, hedge funds, and private equity : the new paradigm / David P. Stowell.

Format:

Book

Author/Creator:

Stowell, David (David P.)

Language:

English

Subjects (All):

Investment banking.

Hedge funds.

Private equity.

Finance--History--21st century.

Finance.

Physical Description:

1 online resource (671 p.)

Edition:

2nd ed.

Place of Publication:

Waltham, MA : Academic Press/Elsevier, 2012, c2013.

Language Note:

English

System Details:

text file

Summary:

The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in David Stowell's introduction to the ways they challenge and sustain each other. Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, his book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence. Its combination of perspectives-drawn from his industry and academic backgrounds-delivers insights that illuminate the post-2009 reinvention and acclimation

Contents:

Cover; Investment Banks, HedgeFunds, and Private Equity; Copyright; Dedication; Contents; Preface; Acknowledgments; Part I: Investment Banking; Chapter 1: Overview of Investment Banking; Postcrisis Global Investment Banking Firms; Other Investment Banking Firms; Investment Banking Businesses; Investment Banking Division; Client Coverage Bankers; Capital Markets Group; Equity Capital Markets; Debt Capital Markets; M&A Group; Trading Division; Fixed Income, Currencies, and Commodities; Equities; Nonclient-Related Trading and Investing; Principal Investing; Proprietary Trading

Asset Management DivisionCoinvestments in Asset Management Division Funds; Chapter 2: Regulation of the Securities Industry; Introduction; Section One: U.S. Regulations; Early Investment Banking; The Growth of Investment Banking; Limited Regulation; The Securities Act of 1933; The Registration Statement; The Investment Prospectus; New Liabilities; Due Diligence; Gun-Jumping Rules; The Glass-Steagall Act (formally, the Banking Act of 1933); Separation of Private Banks into Deposit and Investment Banks; Separation of Commercial and Investment Banks

Separation of Directors and Officers from Commercial Banks and Securities FirmsSecurities Exchange Act of 1934; Investment Company Act of 1940; Section Two: Recent Developments in Securities Regulations; Gramm-Leach-Bliley Act; Sarbanes-Oxley Act; Regulation Analyst Certification; Global Research Settlement; Dodd-Frank Act; Changes in Financial Oversight; Consumer Protection; Securitization; Over-the-Counter Derivatives; Ending Bailouts; Further Provisions; Section Three: Securities Regulations in Other Countries; Japan; 1947-1992; 1992-1998; 1998-Present; United Kingdom; Pre-1986; 1986-1997

1997-PresentEffect of EU Regulation; China; Pre-1992; 1992-1998; 1998-2005; 2005-Present; Chapter 3: Financings; Capital Markets Financings; Financing Alternatives; Debt Financing; Bonds; Loans; Asset-Backed Securities; Commercial Paper; Equity Financing; Initial Public Offerings; Follow-On Offerings; Convertible Securities; Rationale for Issuing Convertible Bonds; Convertible Bond Example; Convertible Market; Fees to Bankers; Distribution Alternatives; Shelf Registration Statements; ``Green Shoe ́ ́ Overallotment Option; International Financings; Chapter 4: Mergers and Acquisitions

The Core of M&ACreating Value; Strategic Rationale; Synergies and Control Premium; Credit Ratings and Acquisition Currency; Regulatory Considerations; Social and Constituent Considerations; Role of Investment Bankers; Other M&A Participants; Fairness Opinion; Acquisitions; Merger; Tender Offer; Proxy Contest; Due Diligence and Documentation; Breakup Fee; Alternative Sale Processes; Preemptive; Targeted Solicitation; Controlled/Limited Auction; Public Auction; Cross-Border Transactions; International Market Developments; Tax-Free Reorganizations; Corporate Restructurings; IPO; Carve-out

Spin-Off

Notes:

Description based upon print version of record.

Previous edition: ©2010.

Includes bibliographical references and index.

ISBN:

9780124046320

0124046320

OCLC:

811490844