Answered By: Tim McAllister Last Updated: Jan 08, 2016 Views: 294
Private Equity & Venture Capital
According to Wikipedia, a “private equity fund is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) . . . . Private equity funds are typically limited partnerships with a fixed term of 10 years (often with annual extensions). . . . A private equity fund is raised and managed by investment professionals of a specific private equity firm (the general partner and investment advisor).”
“A venture capitalist is a person or investment firm that makes venture investments, and these venture capitalists are expected to bring managerial and technical expertise as well as capital to their investments. A venture capital fund refers to a pooled investment vehicle (often an LP or LLC) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bank loans.”
Here are some places to visit for your research into the industry or on specific deals and firms.
Preqin provides data and information on the private equity and infrastructure, encompassing funds and fundraising, performance, deals and fund terms.
Deal Pipeline provides news coverage, analysis and data for bankruptcy, debt financing, hedge funds, IPOs and offerings, investment banking, mergers and acquisitions, private equity, restructuring, risk arbitrage and venture capital. Deal Pipeline focuses on private companies and difficult-to-track middle market deals and includes access to searchable archives, research and statistics.
- Venture Capital and Small Business Financings (available on West)
- Private Equity & Similar Funds (available on West)
- Private Equity Fund Transactions (multi-jurisdiction) (available on GTDT)
- Private Equity Fund Formation (multi-jurisdiction) (available on GTDT)
Law Firm Memos
Memos are a great resource for getting an overview of the scope and impact of regulations. For an efficient search, use Knowledge Mosaic memos re: Private Equity, Venture Capital & Hedge Funds.
The National Venture Capital Association publishes model venture capital transaction documents on its website. These documents can be used as a starting point or comparison point for deal documents.
Further Research Guidance
HBS VC & PE Research Guide
HBS Venture Capital Databases
HBS Private Equity Databases