From growth equity to leveraged buyout : making private equity investments in China
Name
857768010-MIT.pdf
Description
Full printable version
Size
19.08 MB
Format
Adobe PDF
Checksum (MD5)
2d32f2781ee7f4287df37f512012e606
Author(s)
Xiao, Le, S.M. Massachusetts Institute of Technology
Advisor(s)
Charles F. Kane.
Date Issued
2013
Publisher
Massachusetts Institute of Technology
Abstract
Private equity investments are divided into the five main categories: venture capital, mezzanine capital, growth equity, leveraged buyouts, and distressed investments. Currently in China, growth equity is the major type of private equity investments. The thesis will focus on the investment process of growth equity deals in China. Specifically, the thesis will analyze the challenges in deal sourcing, valuation and due diligence processes, deal structuring, and exit strategies. Private equity sector in China is in its early stage of development and evolving quickly with huge potentials untapped. While in the developed countries like the U.S., leveraged buyouts is the main stream of private equity investments, this type of deals is emerging in China. The thesis will explore the potentials of leveraged buyouts in China through analyzing the capital market landscape of the country and the case studies.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2013.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 99-101).
Subjects
Sloan School of Management.
MIT Department
Sloan School of Management
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