Remove Article Remove DCF Remove Funds
article thumbnail

Carried Interest Appraisals: A Guide to Valuation Methods & Allocations

PCE

Understanding the role of carried interest in private equity, real estate, and hedge funds. However your fund is structured, the importance of proper valuation and allocation cannot be overstated, as an improperly done appraisal can cause you millions in unanticipated tax liabilities.

article thumbnail

Long-Only Hedge Funds: A Cozy Career, or a Complete Contradiction?

Mergers and Inquisitions

When you hear the term “long-only hedge funds,” your first thought might be: “How can a hedge fund hold only long positions? Doesn’t that contradict the term ‘hedge fund’? Why would investors pay high fees for what is effectively a mutual fund?” These are all good questions.

Funds 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Search Fund Internship: Perfect Pathway into Investment Banking and Private Equity Roles?

Mergers and Inquisitions

A long time ago, hardly anyone knew about search funds or search fund internships. But over the years, they morphed into a well-known topic and then a commonly derided topic – as many people argue that search fund experience is worthless, while others claim it’s “just as good” as working in banking or private equity.

article thumbnail

Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Mergers and Inquisitions

Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity. Many of these firms use debt to fund deals, and they complete bolt-on acquisitions for portfolio companies.

article thumbnail

10-17-2023 Newsletter: How Much Money Should You Have Saved by 30?

OfficeHours

Today’s article will focus on investing and spending considerations for those who are early on in their career and want to maximize how much they are saving in order to pay themselves and cover basic expenses later on in life. If you do, you may be able to afford to have less in your emergency fund in case something goes wrong (i.e.

article thumbnail

Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Mergers and Inquisitions

For example, a public finance team would not advise on an M&A deal between two data center REITs or on the financing for a privately funded offshore wind farm. DCF: Deducts the full Interest Expense and deducts only Maintenance CapEx. There are some famous counter-examples (e.g., KKR betting on always high natural gas prices).

article thumbnail

Project Finance vs. Corporate Finance: Careers, Recruiting, Financial Modeling, and More

Mergers and Inquisitions

This article will focus on careers and recruiting , while the accompanying YouTube video will discuss the technical/modeling aspects in more detail. In other words, if you lend $500 million to fund a new offshore wind development, what are your chances of losing money? What if there’s a budget overrun or construction delay?