http://blogs.law.harvard.edu/nhonma ... an inquiry about the subject Sat, 27 Dec 2008 15:26:32 +0000 http://backend.userland.com/rss092 en The International Private Equity and Venture Capital Valuation Guidelines were developed by the Association Française des Investisseurs en Capital (AFIC), the British Venture Capital Association (BVCA) and the European Private Equity and Venture Capital Association (EVCA) and were launched in March 2005 to reflect the need for greater comparability across ... http://blogs.law.harvard.edu/nhonma/2008/12/27/international-private-equity-and-venture-capital-valuation-guidelines-edition-october-2006/ Diagram of a simple secondary market transfer of a limited partnership fund interest. The buyer exchanges a single cash payment to the seller for both the investments in the fund plus any unfunded commitments to the fund. The private equity secondary market (also often called private equity secondaries) refers to the ... http://blogs.law.harvard.edu/nhonma/2008/12/27/liquidity-in-the-private-equity-market/ Diagram of the structure of a generic private equity fund Institutional investors provide private equity capital in the hopes of achieving risk adjusted returns that exceed those possible in the public equity markets and will typically include private equity as part of a broad asset allocation that includes traditional assets (e.g., ... http://blogs.law.harvard.edu/nhonma/2008/12/27/investment-in-private-equity/ Early history and the development of venture capital The seeds of the private equity industry were planted in 1946 with the founding of two venture capital firms: American Research and Development Corporation (ARDC) and J.H. Whitney & Company. Before World War II, venture capital investments (originally known as "development capital") were ... http://blogs.law.harvard.edu/nhonma/2008/12/27/private-equity-history-and-further-development/ In finance, private equity is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange. There is a wide array of types and styles of private equity and the term private equity has different connotations in different countries. Types of private equity Private equity ... http://blogs.law.harvard.edu/nhonma/2008/12/27/what-is-private-equity/