10/12/1999
The pool of U.S private equity funds has grown from $5 billion to over $175 billion in less then 20 years, outstripping almost every class of financial product. Lerner explores many of the questions raised by this tremendous growth through this collection of cases. He breaks the volume down into four modules that cover raising funds, maintaining the investor/entrepreneur link, exiting funds, and how the private equity model is being emulated by corporations, government agencies and nonprofit organizations.