Venture capital and private equity contracting: an international perspective
Cumming, Douglas J.
Johan, Sofia A.
INDICE: Preface Part I. Introduction 1. Introduction and Overview 2. Agency Costs and Forms of Finance Part II. Fund Structure and Governance 3. What Should Fund Managers Care About? Perspectives from Institutional Investors 4. Limited Partnership Agreements 5. Compensation Contracts 6. Fundraising and Regulation 7. Specialized Investment Mandates 8. The Role of Government and Alternative Policy Options Part III. Financial Contracting between Funds and Entrepreneurs 9. The Investment Process 10. Security Design 11. Security Design and Adverse Selection 12. Corporate Venture Capital Fund Contracts 13. Preplanned Exits and Contract Design Part IV. Investor Effort 14. Investor value-added 15.Do contracts affect effort? 16. Where to invest? 17. How many investee firms?Part V. Divestment 18. The Divestment Process 19. Exit Outcomes 20. Contractsand Exits 21. Returns, Valuation and Disclosure Part VI. Conclusion and Appendices 22. Summary and Concluding Remarks Appendix 1: Sample Limited Partnership Fund Agreement Appendix 2: Sample Term Sheet Appendix 3: Sample Shareholder Agreement Appendix 4: Sample Subscription Agreement Index
- ISBN: 978-0-12-198581-3
- Editorial: Academic Press
- Encuadernacion: Cartoné
- Páginas: 792
- Fecha Publicación: 16/03/2009
- Nº Volúmenes: 1
- Idioma: Desconocido