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Behind the Curve: An Analysis of the Investment Behavior of Private Equity Funds formatIsbn:Softcover - 9783842889101 aber keineswegs unkritisch gegenüberIn the domain of corporate acquisitions, leveraged buyouts (LBO) have gained tremendous importance since their first appearance in the late 1970s. After having suffered from different economic downturns throughout the years, buyouts have become a major force in the worldwide economy, and reached a record accumulated transaction value of $878bn in 2007. LBOs are generally conducted by a private equity (PE) firm through a buyout fund. The fund manager
