Private Equity Edge: How Private Equity Players and the World's Top Companies Build Value and Wealth

[flap]The world of investing has never been more inviting to private equity. Ideally suited for the global economy, the impact of private equity is growing at a rapid rate, with $2.7 trillion in transactions since 2001 and buyouts occurring in every type of market, including declining ones. And now, with the end of investment banks as we know them, the door is open to more opportunities than ever.InThe Private Equity Edge, economics giant Arthur B. Laffer, along with private equity experts William J. Hass and Shepherd G. Pryor IV, combines the concepts of value, leadership, and macroeconomics into a single strategy used by today's top value-builders. You'll learn how to create wealth while reducing risk by: Thoroughly exploring relevant data to quantify wealth and risk Anticipating reactions of those whom you seek to influence Exploring all possibilities before making major decisions Putting in place the best incentive system for your needsCase studies of major private equity players at Blackstone, KKR, and Madison Dearborne Partners illustrate what and what not to do in specific situations.Decision-makers seeking to take full advantage of the new, interconnected world of business and economics will learn how to make the right decisions the first time around, quickly and with conviction--the key to seizing the private equity edge. [back cover]How to think and invest like a top value builder-from the legendary Art LafferPrivate equity players, more than any other type of investor, are uniquely suited to dig more deeply into investment ideas and act upon them more quickly than anyone else. According to Art Laffer, one of the world's most influential economists of the past 30 years, this is why they enjoy returns that others only dream of. Inside, he and his author team of experienced investing strategists explain exactly how it's done.WithThe Private Equity Edge, institutional and C-level investors will learn the newest, most innovative wealth-creating techniques used by the most successful value builders on the scene today. This practical guide reveals all the secrets of private equity investing, including Placing your focus on the 'œintrinsic value' of an investment Quantifying risk in order to improve communication Linking executive pay to value-building performance Making decisions and enacting changes at 'œInternet speed'The business of wealth building has never been more inviting to private equity investors. Troublesome times have reached the highest levels of the investing world. Only private equity will provide the flexibility you'll need to generate high returns in the new economic landscape.Laffer, Arthur B. is the author of 'Private Equity Edge: How Private Equity Players and the World's Top Companies Build Value and Wealth', published 2008 under ISBN 9780071590785 and ISBN 0071590781.