"this book stems from a realization that private equity overall-defined in this volume as venture capital and buyouts but excluding hedge funds-has become a vastly more sizable and influential part of the global economic landscape over the past three decades. Yet it is immensely difficult to find a book that clearly describes the players, the dynamics, and the incentives behind the industry. To be sure, there are books for financial academics, for investment managers, for entrepreneurs, and for people interested in tales ...
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"this book stems from a realization that private equity overall-defined in this volume as venture capital and buyouts but excluding hedge funds-has become a vastly more sizable and influential part of the global economic landscape over the past three decades. Yet it is immensely difficult to find a book that clearly describes the players, the dynamics, and the incentives behind the industry. To be sure, there are books for financial academics, for investment managers, for entrepreneurs, and for people interested in tales from the trenches, many of which are very good indeed. But there seemed a need for a comprehensive introduction to private equity"--
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