Armin Höll-Steiner

Venture Capital

Fund Certification, Performance Prediction and Learnings from the Past

• Broschiertes Buch

Produktbeschreibung

This book contains three studies. The first study investigates the relationship between private equity investors and fund managers and how intermediaries can mitigate their agency problems. The incentive structure of three intermediary types and their behavior in signaling fund qualities to investors are studied theoretically. A recommendation which intermediary to consult is given. The second study presents a new statistical method to predict the performance distribution of venture capital direct investments. The accuracy of this method is investigated and compared to existing approaches. The third study is about the European venture capital market's historic development before and after the internet bubble and reasons for the bad development especially after the bubble.

Produktdetails

• Europäische Hochschulschriften / European University Studies/Publications Universitaires Européenne 338
• Verlag: Peter Lang
• Artikelnr. des Verlages: 261834
• Seitenzahl: 270
• Erscheinungstermin: 15. April 2011
• Englisch
• Abmessung: 210mm x 148mm x 15mm
• Gewicht: 350g
• ISBN-13: 9783631618349
• ISBN-10: 3631618344
• Artikelnr.: 33503879

Autorenporträt

Armin Höll-Steier, born in 1980 in Munich; Master of Business Administration at Ludwig-Maximilians-University (LMU) Munich and master-level studies at the Center for Digital Technology and Management (CDTM) at LMU und Technical University Munich 2000-2004; work-related period of residence in Australia 2004-2005; employment at the strategy advisory Bain & Company since 2005; Master of Business Research in 2009 and doctorate degree (Dr.oec.publ.) at LMU Munich in 2010.

Inhaltsangabe

Contents: External certification in the fundraising of first-time private equity funds - A new approach to predict the performance of venture capital direct investments - European venture capital: What can we learn from the past?