Why are Buyouts Levered: The Financial Structure of Private Equity Funds
收藏NBER2007-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12826
下载链接
链接失效反馈官方服务：
资源简介：
This paper presents a model of the financial structure of private equity firms. In the model, the general partner of the firm encounters a sequence of deals over time where the exact quality of each deal cannot be credibly communicated to investors. We show that the optimal financing arrangement is
提供机构：
美国国家经济研究局
创建时间：
2007-01-01
