The Future of Finance: How Private Equity and Venture Capital Will Shape the Global Economy
Categories: Books, Business & Money, Finance



Dimensions: 6.2 x 0.88 x 9.3 inches
Language: English
ISBN-10: 0470825111
Publisher: John Wiley & Sons
Print length: 236 pages
Publication date: April 6, 2010
ISBN-13: 978-0470825112
Edition: 1st
subtitle: 1st Edition
author: Visit Amazon's Dan Schwartz Page search results Dan Schwartz David Rubenstein
review: Editorial Reviews Review “It is Private Equity 101 for anyone who wants to understand the nuts and bolts, its players, jargons, and the issues plaguing the industry in a post-Lehman world.” – Knowledge@SMU (Singapore) “Synthesising the thoughts of the best minds in the private-equity business along with his own, Schwartz creates a masterful discussion of the industry, past, present, and the way forward.” – The Nation (Thailand) “The author offers insights into future opportunities and the new economic paradigm ahead of us, not with the intention to lionise but to explain and to look critically at the industry’s present and future.” – The Star (Malaysia) “The Future of Finance - How Private Equity and Venture Capital Will Shape the Global Economy offers an insightful and compelling window into the world of private equity and venture capital.” – Malaysian Business magazine From the Inside Flap As the second decade of the new millennium dawns, financial markets and national economies remain in transition. This book is about the new world of finance and the role played by private equity and venture capital. It reflects the views of over 90 industry leaders from around the globe. The Future of Finance introduces private equity and venture capital as well as the industry’s top firms, what they do, and how they do it. It discusses events that triggered the global downturn: from no rules to no credit to no deals to no exits. It also highlights key issues going forward. These include proposed government regulation, succession, and globalization. The author offers insights into future opportunities: distressed and secondary offerings in private equity, digital media and alternative energy in venture capital as well as the proposal for a new corporate norm, the “+” model to replace today’s corporate pyramid. This economic paradigm, premised on an alignment of interests between owners, managers, and lenders, could reinvent the private equity and venture markets and reshape the global economy. The intent of the author is not to lionize but to explain and to look critically at the industry’s present and future. If tomorrow will be different than today, then the way business has been done should be re-examined. Dan Schwartz’s critical look at the global economy, the industry’s role within it, and where both are headed in the years ahead will provoke wide discussion and debate. About the Author Dan began his career in the financial world in Houston and New York. In 1993, his firm acquired the Asian Venture Capital Journal in Hong Kong. Over the next 15 years, the AVCJ team built one of the world's top sources of ideas and information in private equity and venture capital. Dan was born in Chicago and attended Oak Park and River Forest High School. He studied at Princeton University and graduated from the Woodrow Wilson School's undergraduate program in 1972. During his junior year, he received his Certificat from the Institut d'Etudes Politiques in Paris. He served with the U.S. Army Europe before earning a JD from Boston University and an MBA from Columbia. He currently resides in Las Vegas with his wife, Yanan, and is active in Nevada State politics. Read more