Private Equity Investments

Drivers and Performance Implications of Investment Cycles

  • Claudia Sommer

Part of the Schriften zum europäischen Management book series (SEM)

Table of contents

  1. Front Matter
    Pages 1-1
  2. Claudia Sommer
    Pages 1-11
  3. Claudia Sommer
    Pages 13-26
  4. Claudia Sommer
    Pages 27-63
  5. Claudia Sommer
    Pages 65-93
  6. Claudia Sommer
    Pages 95-167
  7. Claudia Sommer
    Pages 169-208
  8. Claudia Sommer
    Pages 209-239
  9. Claudia Sommer
    Pages 241-252
  10. Claudia Sommer
    Pages 253-258
  11. Back Matter
    Pages 11-11

About this book


Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data set of more than 40,000 European transactions, she applies a variety of econometrical approaches and shows how neoclassical aspects, information asymmetries, agency conflicts, and market timing contribute to the dynamics in the private equity market. In a performance analysis of more than 1,300 European funds she reveals the resulting performance implications.

Authors and affiliations

  • Claudia Sommer
    • 1
  1. 1.HamburgGermany

Bibliographic information

Industry Sectors
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Finance, Business & Banking
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