The fifth edition of Private Equity: A Transactional Analysis dazzles…A compelling, informative, and thoroughly modern analysis that anyone involved in this dynamic field will find both insightful and indispensable.

• Introduction 5Chris HaleTravers Smith LLPThe place of private equity in corporate finance and mergers and acquisitions 13Chris HaleTravers Smith LLPPrivate equity fund structures 27Sam KayDechert LLPThe secondaries market: LP-led secondaries transactions and GP-led liquidity transactions 49Victoria BramallTravers Smith LLPFund finance: NAV facilities 85Charles BischoffAdam BurkDanny PeelLaura SmithTravers Smith LLPStructuring private equity transactions: tax and management planning 101Simon SkinnerTravers Smith LLPEquity finance 131Adam OrrTravers Smith LLPDebt finance 153Adam CainesKirstie HutchinsonJamie MacphersonMacfarlanes LLPAcquisition documentation 201Ian KeefeTravers Smith LLPPublic-to-privates 235Richard BurrowsAlex EdmondsonMacfarlanes LLPDue diligence 277Neil CampbellDavid J WalkerLatham & WatkinsPrivate equity and ESG 325Simon WitneyTravers Smith LLP; London School of Economics and Political ScienceThe importance of governance, transparency and reporting for private equity-owned companies 343Amy MahonSimpson Thacher & Bartlett LLPPrivate equity restructuring 359James BellKirsty EmeryDonald LoweEdward SmithTravers Smith LLPPrivate equity deals in the United States: separated from the United Kingdom by a common language? 397David BellerMcKenzie SouthworthHuw ThomasDavid J WalkerLatham & WatkinsBenelux 419Olaf BaksGaike DalenoordCaroline NottéPhilippe RemelsNautaDutilhFrance 455Cyril CourbonFlorence HaasNicolas LaurentJean-Florent MandelbaumSamuel ParienteBredin PratGermany 483Georg Christoph SchneiderNoerr Partnerschaftsgesellschaft mbBItaly 515Raimondo PremonteDonato RomanoGianni & OrigoniSpain 545Irene Carreño UríaFernando de las CuevasGómez-Acebo & PomboAbout the authors 563About Globe Law and Business 573

The fifth edition of Private Equity: A Transactional Analysis dazzles…A compelling, informative, and thoroughly modern analysis that anyone involved in this dynamic field will find both insightful and indispensable.

• Introduction 5Chris HaleTravers Smith LLPThe place of private equity in corporate finance and mergers and acquisitions 13Chris HaleTravers Smith LLPPrivate equity fund structures 27Sam KayDechert LLPThe secondaries market: LP-led secondaries transactions and GP-led liquidity transactions 49Victoria BramallTravers Smith LLPFund finance: NAV facilities 85Charles BischoffAdam BurkDanny PeelLaura SmithTravers Smith LLPStructuring private equity transactions: tax and management planning 101Simon SkinnerTravers Smith LLPEquity finance 131Adam OrrTravers Smith LLPDebt finance 153Adam CainesKirstie HutchinsonJamie MacphersonMacfarlanes LLPAcquisition documentation 201Ian KeefeTravers Smith LLPPublic-to-privates 235Richard BurrowsAlex EdmondsonMacfarlanes LLPDue diligence 277Neil CampbellDavid J WalkerLatham & WatkinsPrivate equity and ESG 325Simon WitneyTravers Smith LLP; London School of Economics and Political ScienceThe importance of governance, transparency and reporting for private equity-owned companies 343Amy MahonSimpson Thacher & Bartlett LLPPrivate equity restructuring 359James BellKirsty EmeryDonald LoweEdward SmithTravers Smith LLPPrivate equity deals in the United States: separated from the United Kingdom by a common language? 397David BellerMcKenzie SouthworthHuw ThomasDavid J WalkerLatham & WatkinsBenelux 419Olaf BaksGaike DalenoordCaroline NottéPhilippe RemelsNautaDutilhFrance 455Cyril CourbonFlorence HaasNicolas LaurentJean-Florent MandelbaumSamuel ParienteBredin PratGermany 483Georg Christoph SchneiderNoerr Partnerschaftsgesellschaft mbBItaly 515Raimondo PremonteDonato RomanoGianni & OrigoniSpain 545Irene Carreño UríaFernando de las CuevasGómez-Acebo & PomboAbout the authors 563About Globe Law and Business 573

The fifth edition of Private Equity: A Transactional Analysis dazzles…A compelling, informative, and thoroughly modern analysis that anyone involved in this dynamic field will find both insightful and indispensable.

• Introduction 5Chris HaleTravers Smith LLPThe place of private equity in corporate finance and mergers and acquisitions 13Chris HaleTravers Smith LLPPrivate equity fund structures 27Sam KayDechert LLPThe secondaries market: LP-led secondaries transactions and GP-led liquidity transactions 49Victoria BramallTravers Smith LLPFund finance: NAV facilities 85Charles BischoffAdam BurkDanny PeelLaura SmithTravers Smith LLPStructuring private equity transactions: tax and management planning 101Simon SkinnerTravers Smith LLPEquity finance 131Adam OrrTravers Smith LLPDebt finance 153Adam CainesKirstie HutchinsonJamie MacphersonMacfarlanes LLPAcquisition documentation 201Ian KeefeTravers Smith LLPPublic-to-privates 235Richard BurrowsAlex EdmondsonMacfarlanes LLPDue diligence 277Neil CampbellDavid J WalkerLatham & WatkinsPrivate equity and ESG 325Simon WitneyTravers Smith LLP; London School of Economics and Political ScienceThe importance of governance, transparency and reporting for private equity-owned companies 343Amy MahonSimpson Thacher & Bartlett LLPPrivate equity restructuring 359James BellKirsty EmeryDonald LoweEdward SmithTravers Smith LLPPrivate equity deals in the United States: separated from the United Kingdom by a common language? 397David BellerMcKenzie SouthworthHuw ThomasDavid J WalkerLatham & WatkinsBenelux 419Olaf BaksGaike DalenoordCaroline NottéPhilippe RemelsNautaDutilhFrance 455Cyril CourbonFlorence HaasNicolas LaurentJean-Florent MandelbaumSamuel ParienteBredin PratGermany 483Georg Christoph SchneiderNoerr Partnerschaftsgesellschaft mbBItaly 515Raimondo PremonteDonato RomanoGianni & OrigoniSpain 545Irene Carreño UríaFernando de las CuevasGómez-Acebo & PomboAbout the authors 563About Globe Law and Business 573