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Value Creation in the Private Equity: and Venture Capital Industry

Working Paper
Private equity and venture capital firms must master a complex set of skills to obtain healthy returns by successfully selecting, structuring, monitoring, and exiting their investments in companies. Before the authors discuss how they do that, and how well they have been delivering on the challenge according to the statistical evidence, they invite the readers to take a brief journey to better understand the position and role of the private equity industry in the global economy.