Methodology and Research Design
The contribution of exogenous, systematic drivers of value creation, which are (i) related to general market conditions, (ii) related to the financial performance of the target or its industry or (ii) related to the type of acquisition undertaken (together the “financial” impact on performance).
The contribution of indigenous, non-systematic drivers of value creation, which can be attributed to the following two areas: a)The characteristics and resulting managerial approach of buyout investment manager profiles as well as buyout firm profiles (the “managerial” impact on performance) b)The acquisition management approach and strategic drivers specific to each single LBO transaction (the “strategic” or “operational” impact on performance)
KeywordsPrivate Equity Portfolio Company General Partner Private Equity Fund Private Equity Investment
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