It has been 20 years since the Black Monday in 1987 when stocks crashed almost 23 percent in one session. Market watchers ask: “could it happen again?”
Views are equally distributed on whether it could happen again. Thank to technology, the world’s capital markets are 100 times more automated today than back in 1987. And that is what makes some senior folks think that a rapid fall is more easily possible today than in the past. Alan Greenspan says:”bubbles are only visible in hindsight”. Watch the video to learn more.
Goldman Sachs has worked on nearly half of all private equity deals globally, according to Financial News Online. It has worked as a deal adviser or financial backer on 50 deals worth a combined $226.5 billion. There has been a total of $500 billion worth of deals announced so far this year. If all these deals were brought to fruition, Goldman Sachs could earn in the $4 billion neighborhood for five months worth of work. The firm overall was boosted by advisory work for its in-house private equity arm, which has racked up nearly $90 billion in deals. JPMorgan and Citigroup rank second and third.
In this multi-part video presentation, Nishant Saxena describes the complete M&A process, with learnings from various transactions. We believe this is one of the most comprehensive M&A presentations available on the Internet for free viewing and download: Mergers & Acquisitions Deal Process
About the Presenter: Nishant Saxena is the CEO of Elements Akademia. He has seven years experience in Corporate Finance with Procter & Gamble – including Strategic/ Financial Planning, M&A, Value creation, White-space expansion, GAAP Accounting, and Internal Controls/Audit etc. Worked across various geographies in Asia (Japan, Philippines, India and Singapore) and across various business units. BE, MBA from one of India’s top schools. He founded Elements Akademia in 2007 along with 10 other IIM alumni. The company focusses on the high growth education sector in India and other developing countries.
In this multi-part video presentation, Nishant Saxena describes the complete M&A process, with learnings from various transactions. We believe this is one of the most comprehensive M&A presentations available on the Internet for free viewing and download: Mergers & Acquisitions Deal Process
The M&A process is usually a long process that must go through a range of details, people, and decisions.
The larger the deal size, the more complicated the process, with more people getting involved, and more views to accommodate.
If you are buying a company strictly as a financial venture, the M&A process is complicated enough. Adding specific personnel, technological or strategic objectives to the transaction goals simply complicates the process even more.
Buyers and sellers should understand their specific motivations and goals as they pertain to the purchase under investigation. It is important that buyer and seller understand the perspective and real-needs of the other party.
The M&A process may take a weeks, months, or even years, though the usual time frames are about 3-9 months. And during this period, the buyer and seller learn details about each other.
Its absolutely essential to ensure trust and integrity in the process – otherwise the deal can often break at the last minute. No issue is a non-issue. Every question needs an answer.
Clearly defined goals help greatly in evaluating the impact of subsequently uncovered details. Developing these goals requires advance preparation and evaluation on the part of both buyer and seller and greatly enhances the likelihood of post-acquisition success.
About the Presenter: Nishant Saxena is the CEO of Elements Akademia. He has seven years experience in Corporate Finance with Procter & Gamble – including Strategic/ Financial Planning, M&A, Value creation, White-space expansion, GAAP Accounting, and Internal Controls/Audit etc. Worked across various geographies in Asia (Japan, Philippines, India and Singapore) and across various business units. BE, MBA from one of India’s top schools. He founded Elements Akademia in 2007 along with 10 other IIM alumni. The company focusses on the high growth education sector in India and other developing countries.
TJC: Thanks for joining in. How do you define a Hedge Fund? And how do you see the current state of the Hedge Fund Industry?
Industry Exec: Hedge funds are pooled investment funds with relatively less SEC regulation (in the US), and are therefore different mutual funds. Certain hedge funds are required to register with SEC as investment advisers under the Investment Advisers Act. The Act does not require an adviser to follow or avoid any particular investment strategies, nor does it require or prohibit specific investments. Hedge funds typically charge a fee greater than 1%, plus a “performance fee” of 20% of a hedge fund’s profits. There may be a “lock-up” period, during which an investor cannot cash in shares. Continue reading →