The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in David Stowell's introduction to the ways they challenge and sustain each other. Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, his book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence. Its combination of perspectives-drawn from his industry and academic backgrounds-delivers insights that illuminate the post-2009 reinvention and acclimation processes. Through a broad view of the ways these financial institutions affect corporations, governments, and individuals, Professor Stowell shows us how and why they will continue to project their power and influence.
Table of Contents
Section One: Investment Banking1
Overview of Investment Banking
2
Regulation of the Securities Industry
3
Financings
4
Mergers & Acquisitions
5
Trading
6
Asset Management, Wealth Management and Research
7
Credit Rating Agencies, Exchanges and Clearing and Settlement
8
International Banking
9
Convertible Securities and Wall Street Innovation
10
Investment Banking Career Opportunities and Trends
Section Two: Hedge Funds and Private Equity
11
Overview of Hedge Funds
12
Hedge Fund Investment Strategies
13
Shareholder Activism and Impact on Corporations
14
Risk, Regulation and Organizational Structure
15
Hedge Fund Issues and Performance
16
Overview of Private Equity
17
LBO Financial Model
18
Private Equity Impact on Corporations
19
Organization, Compensation, Regulation and Limited Partners
20
Issues and Opportunities
Section Three: Case Studies
- Investment Banking in 2008 (A): Rise and Fall of the Bear
- Investment Banking in 2008 (B): A Brave New World
- Freeport-McMoRan: Financing an Acquisition
- The Best Deal Gillette Could Get? Procter & Gamble's Acquisition of Gillette
- A Tale of Two Hedge Funds: Magnetar, Peloton, CDOs, and the 2008 Financial Crisis
- Kmart, Sears, and ESL: How a Hedge Fund Became One of the World's Largest Retailers
- McDonald's, Wendy's, and Hedge Funds: Hamburger Hedging? Hedge Fund Activism and Impact on Corporate Governance
- Porsche, Volkswagen and CSX: Cars, Trains and Derivatives
- The Toys "R" Us LBO
- Cerberus and the U.S. Auto Industry
