Private Equity: Makambani, Mari, Mari in Financial Crisis

Pano pane Multi-biliyoni Dollar Deals dzausingaiti kunyange kuisa in

Kuenzanirana kwega pachenyu ndega huri hwega, kupesana nehupfumi hwemari , yekambani. Vavengi vanozvipira vatengesi vanogona kutenga zvose kana chikamu chekambani yega yega kana yevanhu. Vashandi vemari vese vari voga vanogara vane makore mashanu kusvika kune gumi emakore ekupedzisira. Vanowanzochera $ 2.50 kudzoka kwemari imwe neimwe inotengeswa.

Sezvo iine nguva yakareba yakareba kupfuura inowanzoita vatengesi vemari, hutano hwepachivande hunogona kushandiswa kubhadhara mishonga inoshandiswa, kutsvaga, kana kusimbisa bhizinesi pepaji uye kupa mamwe mabasa ekushanda.

Vafambisi vehutano vakazvimirira vanotarisira kurova misika munguva yakareba nekutengesa ivo pachavo pfuma yakawanda kana kuburikidza nekutanga kwekupa zvipo kana yekambani huru yevanhu.

Kana yose yekambani yevanhu inotengwa, inoguma nekunyengedza kwekambani iyo pachitengesi. Izvi zvinonzi "kutora kambani pachake." Inowanzoitwa kuti inunure kambani inotengeswa nematengo, ichipa nguva yekuedza nzira dzekukura dzisingatenderwi nemusika. Izvi ndezvokuti vashandi vemari vese vanozvipira vakamirira kumirira kwenguva yakareba kuti vawane kudzoka kwakakwirira, apo vatengi vemusika wekutsvaga vanoda kudzoka iyo iyo yega kana pasina nguva.

Private Equity Firms

Aya matanda ega ega kambani anowanzotengwa nemabhizimisi ehurumende yepamusoro. Makambani anokwanisa kuchengetedza zvigaro, kana kutengesa matanda aya kune vashandi vepaguru, vashandi vezvikoro (hurumende nemari yepensheni), uye hedge funds . Makambani ehutano ega ega anogona kunge ari oga, kana kuti kambani yevanhu inorondedzerwa pane bhizimusi.

Bhizinesi rezvekutengeserana riri roga rinotungamirirwa nevakanaka-vatengesi vatengesi vari kutsvaga maitiro makuru. Zvechokwadi, makambani gumi gumi ane gumi nehafu ari pasi pehupfumi hwehupfumi hwepasi rose. Heino urongwa hwemakambani gumi gumi nemaviri muna 2016 uye iyo yakasimudzwa mumakore gumi apfuura.

1. Carlyle Group - $ 66.7 mabhiriyoni
2. Blackstone Group - $ 62.2 mabhiriyoni

1. Kohlberg Kravis Roberts - $ 57.9 bhiriyoni
2. Goldman Sachs - $ 55.6 mabhiriyoni
3. Ardian - $ 53.4 mabhiriyoni
4. TPG Capital - $ 47 bhiriyoni
5. CVC Capital Partners - $ 42.2 mabhiriyoni
6. Advent International - $ 40.9 bhiriyoni
7. Bain Capital - $ 37.7 billion
8. Apax Partners - $ 35.8 mabhiriyoni.

Private Equity Funds

Mari inokwidziridzwa nemakambani aya inonzi mari yega yega yemari. Inowanzobva kune vashandi vemari, semari yemari yepenjeni, mari yehupfumi, uye vatariri vemari vekambani, uyewo mhuri yemari yemari uye kunyange vanhu vakapfuma. Inogona kusanganisira mari uye zvikwereti, asi kwete mashizha kana zvisungo .

Prequin , muongorori wemugove wega wega, anokamura mari yega yega yega yega muzvikamu zvikuru zvishanu. Zvose zvikamu kunze kwekutengesa mari yakawanda zvakaparadzanisa S & P 500.

1. Kushungurudzika - Vashandi vanoisa pfungwa pamagetsi emakambani ari mumatambudziko. Hazvishamisi kuti chikamu ichi chakaita zvakanakisisa kubvira muna 2008 matambudziko emari.
2. Buyout - Vatengesi vanofunga nezvekutenga kambani zvachose. Uyu ndiye wechipiri ari nani.
3. Real Estate - Inotarisa pamabhizimisi edzimba, zvakadai semakambani epamba uye REITs. Uyu ndiye aiva wechitatu ari nani.
4. Fund of Funds - Inopa mune imwe mari yega yega yega.
5. Simba Guru - Vashandi, vanowanzozonzi "vatumwa", vanotora chikamu chekutanga-mukutora kwemari yemari. Vaya vatengesi vanotarisira kutengesa kambani iyo inobatsira. Vanowanzopa ruzivo, hutungamiri uye vanofambisa kuti vawane kambani kubva pasi. Vanowanzobhadhara makambani mazhinji, vachiziva kuti chete chete ichabudirira zvechokwadi. Kunyange zvakadaro, kubudirira uku kunogona kupfuura zvinopfuura zvose kurasikirwa.

Matambudziko Akavanzwa mu Private Equity Kubhadhara

Mamwe makambani ekuenzanisa anoshandisa mari kubva kuvarimi vavo kutenga mabhizimisi. Kudzoka kwekutsvaga kwekutsvaga kunokwezva varairi vatsva. Inonzi inhare yekudzoka, uye inotsanangura kubudirira kwekambani.

Asi makambani ehutano ega ega akawana nzira yekusimudza zvakasimba IRR. Sezvo kudiwa kwezvikwereti kwakanyanya kuderera, vanokwereta mari kuti vaite mari itsva. Vanoshevedza kune vashandi vezvemari 'gare gare, apo zvinoita sokuti mari yekusimwa iri kuda kubhadhara. Somugumisiro, zvinoratidzika sekuti vatengesi vakagamuchira kudzoka kukuru munguva pfupi. IRR inoratidzika zviri nani, nekuda kwekushandisa mari yakakwereta.

Maonero Ekuti Equity Yakabatsirwa Sei Crisis Financial Crisis

Maererano naPrequin.com, $ 486 mabhiriyoni ehurumende yemari yakabhadhara mari yakasimudzirwa muna 2006. Imwe mari yakawedzera yakatora masangano akawanda evanhu kubva pamusika wekutengesa, saka ichiita kuti mari dzevamwe dzakasara dzifambe.

Mukuwedzera, mari yega yega yezvekubhadhara mari yakabvumira kuti makambani adzorere zvigaro zvavo, uyewo kutyaira zvasara zvekutengeswa kwemazana kumusoro.

Zvizhinji zvezvikwereti izvo mabhangi anozviitira mari yega yega yekutengeserana yakazotengeswa sezvikwereti zvezvikwereti zvezvikwereti . Somugumisiro, mabanki haana hanya kana zvikwereti zvakanga zvakanaka kana kwete. dai vakanga vakaipa, mumwe munhu ainge akabatwa naro. Pamusoro pezvo, kukosha kwezvikwereti izvi zvinoshungurudza zvakanzwika mune zvose zvemari, kwete mabhengi chete. Iyo yakawanda yakawanda yakagadzirwa nehuwandu hwekuzvipira yaiva chimwe chezvikonzero zve 2007 Banking Liquidity Crisis uye inotevera kutengesa. (Source: Prequin, Private Equity Spotlight Muna Oktoba 2007. Simon Clark, "Blackstone Anoda Zvakawanda Zvokutenga," Wall Street Journal, February 26, 2015)