This overview of a complex and often misunderstood subject takes the reader through the issues that are faced throughout the life cycle of a private equity investment, from the identification of an opportunity, through the various stages of the transaction and the lifetime of the investment, to the eventual exit by the investor. The analysis of key documentation and legal issues covers company law, employment law, pensions, taxation, debt funding and competition law, taking into account recent legal developments such as the Companies Act 2006, the recent emergence of private equity in the UK and the challenges faced by the industry as a result of the financial crisis.documentation. 1 Introduction In this chapter, we will consider the principal equity documents that form part of a ... It also includes comments on three key ancillary documents, being the equity offer letter or termsheet, the investment disclosure letter and the loan note instrument. The service agreements that govern the relationship between Newco and the managers in their capacity as employees areanbsp;...
|Title||:||A Practical Guide to Private Equity Transactions|
|Author||:||Geoff Yates, Mike Hinchliffe|
|Publisher||:||Cambridge University Press - 2010-02-18|