By Dorina Barna and Jakob René Initially posted on the BSPEC blog The Abraaj Group, a Dubai-based private equity firm, is a narrative of success turned dark comedy. Founded by Arif Naqvi, Abraaj became one of the most influential emerging-market buy-out firms after 16 years of operations with more than $14 billion
Case Study
eDreams: Take Off and Crash of Private Equity
By Carla Costa and Camilla Cameroni Initially posted on the BSPEC blog Introduction Founded in February 1999 by Javier Pérez-Tenessa de Block and James Hare, two young marketing professionals, the online travel agency eDreams took up rapidly. The idea was not original, but they were positioning their venture differently from the others, offering
Leasing and Speciality Finance Companies Part II: Element Fleet Management Case Study
Element Fleet Management Primer (TSE: EFN) Element Fleet is the largest publicly traded fleet management company in North America. Element Fleet also has operations in Australia, Mexico and New Zealand. The company primarily provides vehicle leasing along with a range of other services such as vehicle financing, program management, analytics and remarketing
Investment Banking Teaser
Investment Banking Teaser Overview The teaser is a document sent out to potential investors in an opportunity. Teasers are used in many sorts of marketing roles, but most prominently in investment banking and commercial real estate. Investment banks will mail out teasers to parties they feel would be interested in a
How to Analyze REITS – Case Study: RioCan
This is a post constructed in the format of an equity research report on a REIT. What are REITs? Real Estate Investment Trusts (REIT, pronounced REET) are companies that own, and in some cases operate, income-producing real estate assets. REITs offer investors a regular income stream (corporate tax-free dividends), diversification (theoretically should have