By Dong Chen and Valeria Ryabchina Initially posted on the BSPEC blog Oh the places fastidious VC firms won’t go! The profile of a strong portfolio candidate is subject to more than a few criteria that not all companies can fulfill. Despite high dry powder levels, many PE and VC firms remain
Month: May 2019
Paying it Forward – the Investment Banking Coffee Chat
Poker and Finance, Poker and Investment Banking
Poker vs Finance - Risk Management and Expected Value Poker and finance get along - as in real poker. Prudent management of risk, working with imperfect information, entering into positive expected value decisions - poker is a closed environment with limited permutations where good decision making is rewarded. In markets, the
Backseat Drivers: Private Equity and Shareholder Activism
By Martin Loinig Initially posted on the BSPEC blog For background on shareholder activism, refer to our posts on activist defense and targeted companies Historically speaking, the relationship between private equity funds and activist hedge funds has been shaped less by collaboration and more by confrontation. Activist investors, holding minority stakes in public companies, often
Cobalt Mining Primer
Cobalt Overview Cobalt is a base metal with favorable properties and important uses. Cobalt’s key chemical properties are its high melting point (1,493 degrees Celsius/2,719 degrees Fahrenheit), its wear-resistance, and its electrical conductivity. Cobalt has a wide variety of uses including batteries, alloys, and catalysts.[i] Cobalt is found in low concentrations making
Oil Benchmarks
Everything about owning a Sports Franchise: A Winning Guide for PE Investors
Project Finance Walkthrough
Project Finance Structuring and Essentials As an illustrative example, we are going to look at project financing a power plant. After mapping out a project that is to deliver electricity to the grid, the operational components must be structured to be satisfactory to the lenders. So first off there needs to be