Reynolds Holding

AUGUST 2, 2022

Second, private equity sponsors have become the key strategic decisionmakers in the typical large, distressed business. As a (predominantly) equity investor, a sponsor will tend to be biased toward postponing events such as a sale of the distressed business or a bankruptcy. 751 (2002). 1713 (2012); Greg Nini, David C.

Corporate Finance 83

Corporate Finance Equity Finance Enterprise Value 83

Musings on Markets

MAY 20, 2022

In my last post , I discussed how inflation's return has changed the calculus for investors, looking at how inflation affects returns on different asset classes, and tracing out the consequences for equity values, in the aggregate.

Price to Book 96

Price to Book Dividends Beta Equity 96

Brian DeChesare

SEPTEMBER 20, 2023

Q: Why not private equity, growth equity, hedge funds, or entrepreneurship? Growth equity is a bit closer, but you’re more interested in early-stage companies that need VC support rather than already successful companies that need more capital. Q: What’s the difference between pre-money and post-money valuations?

Start-ups 59

Start-ups Equity Marketability Terminal Value 59

Musings on Markets

JANUARY 6, 2023

I do report on a few market-wide data items especially on risk premiums for both equity and debt. I also report on pricing statistics, again broken down by industry grouping, with equity (PE, Price to Book, Price to Sales) and enterprise value (EV/EBIT, EV/EBITDA, EV/Sales, EV/Invested Capital) multiples. PE & PEG 2.

Risk Premium 52

Risk Premium Dividends EBITDA Start-ups 52