Mastering Private Equity: Transformation via Venture Capital, Minority Investments and Buyouts 2nd ed

Mastering Private Equity, the definitive guide to private equity (PE) since 2017, has been fully updated to reflect the current state of the industry, the latest market data, and the innovation reshaping the private capital industry.

Written for a professional audience, the Second Edition of Mastering Private Equity is a valuable and unique reference for investors, finance professionals, students, and business owners looking to engage with PE firms or invest in PE funds.

What's New:

While preserving its core focus on education, the Second Edition highlights the latest industry developments, including:

• a more measured and resilient Venture Capital space, following steep repricing of risk in 2021 and 3x increase in downrounds in 22-23
• the rapid expansion of Private Debt, catalysed by a high-interest rate environment and the strategy's edge in a traditional fixed income portfolio
• Buy-and-Build Strategies, and PE investor's ability to create category leading businesses and grow platforms via acquisition
• PE Secondaries are de jour, as the market delivered liquidity in an inflationary and low exit environment
• the step-change in responsible and impact investing, from "interesting" in 2017 to "essential" in 2025
• the Democratization of Private Capital, introducing high-net-worth individuals to the asset class