Wikipedia:WikiProject Private Equity

WikiProject Private Equity is an inter-project collaboration created to cleanup, categorize, reference and create private equity related articles. The project is affiliated with WikiProject Finance, WikiProject Companies and WikiProject Biography.

The scope of this project includes private equity related concepts, investors and firms.

For purposes of this project, private equity should include all of the major sub-categories: leveraged buyouts, venture capital, mezzanine capital, growth capital, secondaries, infrastructure and distressed securities.

Membership
Direct experience with private equity or finance is encouraged but not required to be a member of this project. For a full list of the members, see WikiProject Private Equity participants.

If you are interested in joining WikiProject Private Equity, you can place following userbox on your user page:

User WikiProject Private Equity

to produce this...

Users are welcomed to start working on any of the projects on this page or suggest a new project. Also feel free to invite new members by placing the following invitation on their talk page:

WPPrivateEquity

Article Alerts

 * See also: WikiProject Finance Article Alerts

To Do

 * Please add new things that need to be done!
 * Tag all articles under the scope of this project
 * Continue Tag all articles under the scope of WikiProject Companies, WikiProject Finance and WikiProject Biography, as appropriate based on the type of article.
 * Create articles for notable firms
 * Create infoboxes for existing articles
 * Add one of the three appropriate private equity templates to pages based on subject type (concept, firms, people)
 * Many PE firm infoboxes use the "assets = " tag, rather than the more accurate "aum = " tag. Please correct any that you come across.

Leveraged Buyout
Please use this model in creating articles about leveraged buyout firms.

Mezzanine Capital & Distressed Securities
Please use this model in creating articles about mezzanine capital and distressed securities firms.

Venture Capital
Please use this model in creating articles about venture capital firms.

Fund of Funds, Secondary Funds and Royalty Funds
Please use this model in creating articles about private equity secondary market firms and fund of funds.

Fixing Stubs
Stub articles in the private equity area are being tagged with one of the following:

private-equity-stub
A general stub for private equity and venture capital related articles. Should include stub articles on private equity concepts as well as private equity stubs that have not been categorized into one of the other two stub types.

A list of private equity stubs is located here.

private-equity-company-stub
A stub for private equity and venture capital firms. A list of private equity firm stubs is located here.

Stub articles may also be designated as US-private-equity-company-stub (for US firms) or UK-private-equity-company-stub (for UK firms). These stubs will appear in the same list of private equity firm stubs.

private-equity-bio-stub
A stub for private equity and venture capital firms. A list of private equity investor stubs is located here.

Tagging Articles
Tagging articles will help the members of the project focus their efforts on the articles that need special attention and will alert other editors that there are individuals with interest and expertise in this specific area.

Please place this tag, WikiProject Private Equity in the talk page of articles under the scope of this project. The template will produce this...

Templates
The following is a model for use in creating articles about private equity firms.


 * Sample Private Equity Firm Article

The following templates have been created for use in private equity related articles. Please add the appropriate template to each article type For Private Equity Concepts use: Private equity and venture capital

For Private Equity Firms use: Private equity firms

For Private Equity Investors (people) use: Private equity investors

Concepts

 * Category:Private equity
 * Category:Venture capital
 * Category:Private equity secondary market

Firms

 * Category:Private equity firms
 * Category:Venture capital firms
 * Category:Private equity media and publications

People

 * Category:Private equity and venture capital investors
 * Category:Venture capitalists
 * Category:Corporate raiders

Investments

 * Category:Private equity portfolio companies
 * Categories for certain large private equity firms may be appropriate to accommodate its portfolio companies

Establishing notability
The coverage of the private equity industry has historically been lacking content and articles on Private Equity Firms have suffered from issues of notability. One of the purposes of this project is to help editors to distinguish notable topics from the noise. In working with the larger Wikipedia community, WikiProject Private Equity should help answer the following questions:


 * Has this firm or investor completed any notable investments? Criteria can include investment size, notability of the companies acquired/funded. Notable firms tend to receive coverage in major publications when they complete transactions.


 * Is this an "emerging manager"? Most notable firms should have been in existence for a reasonable period of time or should have a notable predecessor (e.g., CCMP Capital, Terra Firma Capital Partners).


 * How much capital does this firm / investor manage? This can be a good metric with which to evaluate notability, particularly for leveraged buyout firms (less so for venture capital firms).  A good rule of thumb would be that unless there is some other mitigating factor, buyout firms which have raised less than $750 million in their last fund or have less than $1 billion under management are likely going to have difficulty establishing notability.


 * Does a firm / investor have an institutional investor base? If a firm's capital base is comprised exclusively of high net worth individuals, in addition to likely failing on one of the above factors.

It is also necessary to be aware of the current WP:NCORP guideline, which has recently become considerably more restrictive about which sources are considered usable to show notability. It is possible that some frequently used source in this area will no longer be considered acceptable for this purpose.

Resources
Please use this overview of private equity information sources and bibliography prepared by Harvard Business School professor Joshua Lerner. His advice is that most of the best information consists of primary sources (news articles) related to individual investments made by private equity firms.

Web Resources

 * AltAssets - free news coverage of the private equity sector


 * New York Times: Search


 * New York Times DealBook - a finance focused "blog" that is fact-checked and can be a valuable resource


 * Private Equity Council - Private Equity advocacy group (good information but need to be careful to reference other sources to maintain neutral point of view


 * National Venture Capital Association (United States)


 * European Venture Capital Association


 * British Venture Capital Association


 * PWC MoneyTree Report


 * A Primer on Private Equity (PE Council)


 * The Economics of the Private Equity Market (Federal Reserve Study)


 * Why and how to invest in private equity (EVCA)


 * Merchant Banking: Past and Present (FDIC Banking Review)


 * Organizing venture capital: the rise and demise of American Research and Development Corporation, 1946-1973


 * Value Creation in Leveraged Buyouts (Dissertation of the University of St. Gallen)


 * The History Of Leveraged Buyouts (Trehan)


 * The Eclipse of Private Equity


 * Feedburner network of Venture Capital blogs

Books on Private Equity Concepts









 * Schell, James M. Private Equity Funds: Business Structure and Operations. New York: Law Journal Press, 1999.

Books on Private Equity History

 * Ante, Spencer. Creative capital: Georges Doriot and the birth of venture capital.  Boston: Harvard Business School Press, 2008


 * Bruck, Connie. Predator's Ball. New York: Simon and Schuster, 1988.


 * Burrough, Bryan. Barbarians at the Gate. New York : Harper & Row, 1990.


 * Gladstone, David J. Venture Capital Handbook. Rev. ed. Englewood Cliffs, NJ: Prentice Hall, 1988.