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Creating value in private equity investments
Mini Dissertation (MBA)--University of Pretoria, 2017.
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| Other Authors: | |
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2017
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| _version_ | 1867613498975977473 |
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| access_status_str | Open Access |
| author2 | Ward, Mike |
| author_browse | Ward, Mike |
| author_facet | Ward, Mike |
| collection | Thesis |
| dc_rights_str_mv | © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2017. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/59758 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:06.816Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/59758 Creating value in private equity investments Ward, Mike ichelp@gibs.co.za Richards, Andriette UCTD Mini Dissertation (MBA)--University of Pretoria, 2017. Private equity has shown persistence in creating value in underlying portfolio investments as evidenced from its outperformance of corporate counterparts. The superior returns that these investments achieve have been attributed to a combination of quantitative and qualitative factors, including financial engineering, operational improvements and strong capabilities in composing and effectively structuring the management function of underlying investments. This research set out to identify and quantify the relative importance and preferred levels of features, both quantitative and qualitative, that are deemed by private equity practitioners to create value in underlying private equity investments. The research was conducted using a mixed-method approach with conjoint analysis, which is often used in decision-making research, as the main tool and basis for the design and data analysis. The quantitative results of the research showed that the quality of a management team is the key feature that private equity professionals deem important and together with Corporate Governance and Incentive structures, is the management platform that drives value creation. The results also showed that Financial value engineering continues to play a strong role, but that Operational improvements take a small leading position in creating value. Finally, the composition of each category's underlying features appears to have distinct features when compared to the literature reviewed. zk2017 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2017-04-07T13:05:29Z 2017-04-07T13:05:29Z 2017-03-30 2017 Mini Dissertation Richards, A 2017, Creating value in private equity investments, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/59758> http://hdl.handle.net/2263/59758 en © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Creating value in private equity investments |
| title | Creating value in private equity investments |
| title_full | Creating value in private equity investments |
| title_fullStr | Creating value in private equity investments |
| title_full_unstemmed | Creating value in private equity investments |
| title_short | Creating value in private equity investments |
| title_sort | creating value in private equity investments |
| topic | UCTD |
| url | http://hdl.handle.net/2263/59758 |