Equidam

JUNE 10, 2025

Beneficiaries of BSPCEs are typically employees and executive managers of the company (and since 2019, also employees of its subsidiaries), as well as certain board members – essentially the people actively involved in building the company.

Fair Market Value 59

Fair Market Value Start-ups Equity Compliance 59

Reynolds Holding

SEPTEMBER 11, 2024

We have argued that bank regulators should disclose more bank information than is now required. [1] In this post, we argue that supervisors should disclose specific aspects of bank examination ratings. Though bank examinations can play a central role in promoting the stability of banks and the U.S.

Banking 45

Banking Marketability Capital Structure Finance 45

Brian DeChesare

SEPTEMBER 13, 2023

How to Recruit for Distressed Debt Hedge Funds The best background is restructuring investment banking because the skill set is directly relevant. If you have a non-IB background, such as at a turnaround consulting firm , you might want to aim for operational roles in distressed PE or move to banking first to improve your chances.

Equity 103

Equity Banking EBITDA Start-ups 103

Andrew Stolz

MARCH 20, 2020

This is a Valuation Master Class student essay by Teeradon Piyakiattisuk from March 19, 2019. Weight average cost of capital (WACC) is a calculation of a firm’s cost of capital which includes all sources of capital such as common stocks, preferred stocks, and bonds. The formula is expressed in the following.

Beta 52

Beta Risk-free Rate Capital Structure Weighted Average Cost of Capital 52

Reynolds Holding

FEBRUARY 13, 2025

Private credit is a form of lending outside the traditional banking system that involves lenders negotiating directly with borrowers to originate privately held loans that are not traded in public markets. The business models of banks and private credit are often referred to as the moving business and the storage business, respectively.

Banking 45

Banking Finance Marketability Equity 45

Reynolds Holding

AUGUST 22, 2022

These companies would probably have gone bankrupt without the forbearance of banks or regulators or other types of government or lender support, but their rise reduces economic productivity, limits healthy firms’ growth, and deters the creation of new firms (Caballero et al, 2008; McGowan, Andrews, and Millot, 2017). REFERENCES. Andrews, D.,

Banking 45

Banking Finance Capital Structure Marketability 45

Brian DeChesare

JULY 27, 2022

This article from Barclays has some useful graphs, and the one with returns from 2000 – 2019 and 2010 – 2019 sums up the advantages of credit funds quite well: In short, the average credit hedge fund outperformed the average fund in the other categories on a risk-adjusted basis but still trailed benchmarks like the high-yield index.

Equity 52

Equity Start-ups Private Equity Firm Beta 52