The document summarizes key aspects of private equity (PE) firms and their business model. It discusses how PE firms make money, common terminology used in the industry, where top PE firms and their portfolio companies are located, and some respected mid-sized PE firms. It also provides an example of a typical leveraged buyout (LBO) model, showing how a company is purchased using debt and equity and eventually sold for a profit.
The document discusses the economic environment facing entrepreneurs in 2010. It summarizes that the Icelandic volcanic eruption disrupted European air travel costing airlines billions. The Greek debt crisis raised concerns about contagion to other Eurozone nations. Unemployment peaked in the EU and US in 2009 but has since declined slightly. Interest rates remained low helping improve business and consumer sentiment in the EU and US. Online advertising spending has overtaken traditional media as internet access and usage increased globally. While some internet companies failed in the late 1990s/early 2000s, others like online retailers have since thrived. Stock market indices and internet company shares rebounded from early 2009 lows reflecting a recovery.
Solidiance shares the current opportunities and challenges of the Vietnamese market.
Where is Vietnam going from here? After formidable economic growth for the past 5 years, will Vietnam be able to sustain high level of foreign direct investment during the 2009 economic crisis.
Vietnam's retail market experienced slower growth from 2010-2012 due to declining GDP growth and inflation. However, the market remains attractive long-term due to Vietnam's young population, growing incomes, and urbanization. Foreign investment in retail has increased, though complex regulations remain a challenge. Modern retail channels are growing while traditional retailers still dominate. The outlook is positive over the forecast period as urbanization and incomes continue rising.
This document discusses Vietnam's shifting consumer landscape. It summarizes recent economic indicators showing GDP and export growth in Vietnam. It also discusses Vietnam's young and growing population, and how wealth is shifting in the country. Over the next decade, millions of new young consumers will enter the market, and Vietnam's population is aging and becoming wealthier overall. This changing demographic is creating a more mature and savvy consumer base in Vietnam.
1) The document provides an analysis of the market strategy and top investment picks for May 2010. It discusses the recovery of growth rates in various sectors to historical levels based on Q4 results.
2) The portfolio focuses on banking, infrastructure, and several bottom-up stock opportunities. Large cap picks discussed include Bharti Airtel, ICICI Bank, Maruti Suzuki, and SBI. Mid/small cap opportunities highlighted are in infrastructure, auto ancillary, IT, and pharma.
3) A Sensex target of 21,000 by March 2011 is provided based on an estimated 8.5-9% GDP growth driving a 21% CAGR in Sensex earnings and assigning a
Peru offers attractive investment opportunities due to its strong economic growth, natural resources, and favorable climate for investment. The country has experienced GDP growth of nearly 10% annually in recent years and exports have tripled over 5 years. Peru also provides a stable macroeconomic environment with low inflation and a stable currency. The legal framework guarantees basic investor protections and tax stability. These factors make Peru a top destination for foreign direct investment in Latin America.
William Hobbs' presentation from Propel's recent "Predictions for Digital 2013" event. For more content like this, go to www.propellondon.com/blog or follow us on Twitter - @propellondon
The document discusses the economic environment facing entrepreneurs in 2010. It summarizes that the Icelandic volcanic eruption disrupted European air travel costing airlines billions. The Greek debt crisis raised concerns about contagion to other Eurozone nations. Unemployment peaked in the EU and US in 2009 but has since declined slightly. Interest rates remained low helping improve business and consumer sentiment in the EU and US. Online advertising spending has overtaken traditional media as internet access and usage increased globally. While some internet companies failed in the late 1990s/early 2000s, others like online retailers have since thrived. Stock market indices and internet company shares rebounded from early 2009 lows reflecting a recovery.
Solidiance shares the current opportunities and challenges of the Vietnamese market.
Where is Vietnam going from here? After formidable economic growth for the past 5 years, will Vietnam be able to sustain high level of foreign direct investment during the 2009 economic crisis.
Vietnam's retail market experienced slower growth from 2010-2012 due to declining GDP growth and inflation. However, the market remains attractive long-term due to Vietnam's young population, growing incomes, and urbanization. Foreign investment in retail has increased, though complex regulations remain a challenge. Modern retail channels are growing while traditional retailers still dominate. The outlook is positive over the forecast period as urbanization and incomes continue rising.
This document discusses Vietnam's shifting consumer landscape. It summarizes recent economic indicators showing GDP and export growth in Vietnam. It also discusses Vietnam's young and growing population, and how wealth is shifting in the country. Over the next decade, millions of new young consumers will enter the market, and Vietnam's population is aging and becoming wealthier overall. This changing demographic is creating a more mature and savvy consumer base in Vietnam.
1) The document provides an analysis of the market strategy and top investment picks for May 2010. It discusses the recovery of growth rates in various sectors to historical levels based on Q4 results.
2) The portfolio focuses on banking, infrastructure, and several bottom-up stock opportunities. Large cap picks discussed include Bharti Airtel, ICICI Bank, Maruti Suzuki, and SBI. Mid/small cap opportunities highlighted are in infrastructure, auto ancillary, IT, and pharma.
3) A Sensex target of 21,000 by March 2011 is provided based on an estimated 8.5-9% GDP growth driving a 21% CAGR in Sensex earnings and assigning a
Peru offers attractive investment opportunities due to its strong economic growth, natural resources, and favorable climate for investment. The country has experienced GDP growth of nearly 10% annually in recent years and exports have tripled over 5 years. Peru also provides a stable macroeconomic environment with low inflation and a stable currency. The legal framework guarantees basic investor protections and tax stability. These factors make Peru a top destination for foreign direct investment in Latin America.
William Hobbs' presentation from Propel's recent "Predictions for Digital 2013" event. For more content like this, go to www.propellondon.com/blog or follow us on Twitter - @propellondon
The budget focuses on fiscal consolidation and boosting growth. It marginally increases tax deductions but also raises some taxes. Funding is enhanced for infrastructure through tax-free bonds and ECB changes. The power sector may benefit from coal duty exemptions and FSA commitments. However, the auto sector faces higher excise duties that could impact large carmakers. Key assumptions around GDP and oil prices make deficit targets optimistic. Overall policy measures only partially address issues around land, environment and state electricity boards.
Peeter Luikmel. Features of Estonian EconomyEesti Pank
Estonia has a small, open economy of 1.34 million people with GDP of about 16 billion euros. While it experienced rapid growth and credit expansion before the crisis, it also suffered a large GDP decline in 2009. However, the economy has recovered faster than expected, helped by improvements in competitiveness from lower wages, higher productivity, and flexible labor markets. Looking forward, monetary policy support and opportunities for investment could help offset risks from the difficult euro area situation, though growth is projected to slow somewhat in the near term.
The Country Session on Tanzania focused on the Tanzania National Development Vision and discussed emerging research issues. The presentations in this slideshare are from Christopher Adam, Pantaleo Kessy, Martina Kirchberger and Mujobo Moyo.
Covering trends in state and local taxes, we'll focus on the impact regarding income and franchise taxes whether from a compliance, controversy or tax planning perspective.
The document provides an overview of Generali Group's 2010 results. Key highlights include:
- Total operating result increased 11.7% to €4.077 billion and net result increased 30% to €1.702 billion.
- Life net inflows were €16.1 billion and life new business margin was around 20% with an IRR of around 14%.
- Shareholders' equity increased 5% to €17.5 billion and the proposed cash dividend per share increased 28.6% to €0.45.
- The outlook expects good growth in 2011 with a total operating result average growth of 6.7% compared to 2010.
The document provides a financial analysis of Walmart and Sears. It summarizes key metrics for both companies such as revenue, profitability, growth rates, and performance over time. Some of the main points are:
1) Walmart has significantly larger revenue, profits, and global presence compared to Sears. However, Sears has been struggling in recent years with declining sales and profits.
2) Walmart has achieved steady revenue growth and consistent profit margins over the past decade, while Sears has seen revenue declines and fluctuating profitability.
3) Key metrics like return on assets, equity, and inventory management have been stronger for Walmart, indicating more efficient operations compared to Sears.
If you're planning to invest oversea ( FDI) and wan to take advantage on low labor cost, fast growing market, stable political, and the gate to ASEAN plus 3 ( China, Korea, Japan) or TPP. Let's go to Vietnam.
This document discusses how Youstream can live stream weddings online to allow friends and family who cannot attend in person to still witness the ceremony. It describes how the service works, the benefits it provides like no geographical boundaries and cost effectiveness, and the services offered like streaming the various wedding events. It also outlines how to customize the event with logos/names, provide live chat for guests, get viewer statistics, record the event, and restrict viewers through authentication.
This document provides an introduction to big data, including definitions and key concepts. It discusses the evolution of computing systems and data storage. Big data is defined as large and complex data sets that are difficult to process using traditional methods due to the volume, variety, velocity, and veracity of the data. Examples of big data sources and applications are provided. Finally, different approaches for analyzing big data are described, including MapReduce, Hadoop, real-time analytics using databases, and complex event processing.
The document summarizes key aspects of private equity (PE) firms and their business model. It discusses how PE firms make money through leveraged buyouts (LBOs), the typical stages of a portfolio company, and performance measures like internal rate of return. It also outlines the basic structure of PE funds and how capital is contributed and returns are distributed. Key terms are defined and examples of top PE firms are provided.
The ETRC Advisory Board meeting agenda included discussing daily operations, seminars, the Spring School 2013 results, university collaboration, and a service learning project. ETRC visits increased each month in 2013 for books, computers, and audio/video. Weekly English teacher seminars and webinars had average attendance of 12 people. The Spring School hosted over 70 teachers each day. A group of retired American teachers provided EFL training. Service learning included weekly English seminars for non-English teachers. FACE club discussions had average attendance of 10-11 students. Future plans included regular seminars, an American holiday event, an ETRC anniversary contest, webinars, and a potential summer school.
1. AWPM is a limited private company that creates web pages with 3 owner-partners.
2. Their goal is to expand overseas and they request $5,000 to purchase personal computers to help grow their business.
3. They aim to become a small, affordable web design company that can quickly create beautiful web pages for clients.
The ETRC advisory board announces new computers, book donations, and a revised schedule. A survey found that 37.5% answered yes to a question, 43.75% no, and 18.75% not so much. Upcoming ETRC events include using computers in English classes, video essays, and PowerPoint presentations. On average, seminars have 10 attendees while movie and club sessions have 5. ETRC promotion occurred at several universities. A new project proposes seminars on modern technologies in teaching for non-English teachers in collaboration with education institutes.
¡Soy el nuevo y revolucionario complejo vitamínico! I'm the new and revolutionary vitaminic complex! (También soy un experimento SEO / I'm a SEO experiment too)
This presentation to give a brief overview of various technology features that constitue SAP In-memory Database HANA. More details about how SAP HANA achieves compression, insert only on delta, columniar/row stores, Data provisioning tools in to HANA appliance. this is more suited for technology teams who will manage SAP HANA appliance.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness, happiness and focus.
The document is a presentation about a web page maker created by Group G, which includes Takaaki Ouchi, Yuta Otsuka, and Tomohiro Oyama. The presentation covers the purpose, price, and benefits of the web page maker product, as well as their business plan which includes an executive summary, business operations, and financial planning. It emphasizes conveying important information to clients in a logical manner for both the web brochure and business plan, with key words including price, rapidness, and not needing a large office.
1. AWPM is a limited private company that creates web pages with 3 owner-partners.
2. The business aims to grow overseas and increase the number of customers by providing quick, affordable web design services.
3. The owners are requesting $5,000 to purchase a personal computer to help grow the business by allowing them to take on more work.
Overview presenation for Cloud Computing. This presentation also gives a glimpse of SAP's LVM capabilities that correspond to some of Cloud Capabilities.
This document discusses having students create video resumes to develop job skills. Video resumes allow students to showcase their talents and experiences in a creative format. Creating a video resume requires higher-order thinking as students must design, plan and synthesize information to effectively present themselves. It can help students improve English speaking skills and give them experience with real-world tasks. Teachers can use video resumes to assess students' vocabulary, pronunciation, and presentation abilities. The project encourages creative thinking and introduces students to important job search skills.
This presentation to give a brief overview of various technology features that constitue SAP In-memory Database HANA. More details about how SAP HANA achieves compression, insert only on delta, columniar/row stores, Data provisioning tools in to HANA appliance. this is more suited for technology teams who will manage SAP HANA appliance.
This document discusses SAP system copy methods and processes. It describes heterogeneous and homogeneous system copies when the operating system, database system, or both change. Methods covered include client export/import, database refresh, R3Load&Jload, IMIG, and third party tools. The document outlines the architecture and processes for ABAP and Java data export/import, including package and table splitting techniques used to optimize runtimes. Post migration testing activities are also listed.
The budget focuses on fiscal consolidation and boosting growth. It marginally increases tax deductions but also raises some taxes. Funding is enhanced for infrastructure through tax-free bonds and ECB changes. The power sector may benefit from coal duty exemptions and FSA commitments. However, the auto sector faces higher excise duties that could impact large carmakers. Key assumptions around GDP and oil prices make deficit targets optimistic. Overall policy measures only partially address issues around land, environment and state electricity boards.
Peeter Luikmel. Features of Estonian EconomyEesti Pank
Estonia has a small, open economy of 1.34 million people with GDP of about 16 billion euros. While it experienced rapid growth and credit expansion before the crisis, it also suffered a large GDP decline in 2009. However, the economy has recovered faster than expected, helped by improvements in competitiveness from lower wages, higher productivity, and flexible labor markets. Looking forward, monetary policy support and opportunities for investment could help offset risks from the difficult euro area situation, though growth is projected to slow somewhat in the near term.
The Country Session on Tanzania focused on the Tanzania National Development Vision and discussed emerging research issues. The presentations in this slideshare are from Christopher Adam, Pantaleo Kessy, Martina Kirchberger and Mujobo Moyo.
Covering trends in state and local taxes, we'll focus on the impact regarding income and franchise taxes whether from a compliance, controversy or tax planning perspective.
The document provides an overview of Generali Group's 2010 results. Key highlights include:
- Total operating result increased 11.7% to €4.077 billion and net result increased 30% to €1.702 billion.
- Life net inflows were €16.1 billion and life new business margin was around 20% with an IRR of around 14%.
- Shareholders' equity increased 5% to €17.5 billion and the proposed cash dividend per share increased 28.6% to €0.45.
- The outlook expects good growth in 2011 with a total operating result average growth of 6.7% compared to 2010.
The document provides a financial analysis of Walmart and Sears. It summarizes key metrics for both companies such as revenue, profitability, growth rates, and performance over time. Some of the main points are:
1) Walmart has significantly larger revenue, profits, and global presence compared to Sears. However, Sears has been struggling in recent years with declining sales and profits.
2) Walmart has achieved steady revenue growth and consistent profit margins over the past decade, while Sears has seen revenue declines and fluctuating profitability.
3) Key metrics like return on assets, equity, and inventory management have been stronger for Walmart, indicating more efficient operations compared to Sears.
If you're planning to invest oversea ( FDI) and wan to take advantage on low labor cost, fast growing market, stable political, and the gate to ASEAN plus 3 ( China, Korea, Japan) or TPP. Let's go to Vietnam.
This document discusses how Youstream can live stream weddings online to allow friends and family who cannot attend in person to still witness the ceremony. It describes how the service works, the benefits it provides like no geographical boundaries and cost effectiveness, and the services offered like streaming the various wedding events. It also outlines how to customize the event with logos/names, provide live chat for guests, get viewer statistics, record the event, and restrict viewers through authentication.
This document provides an introduction to big data, including definitions and key concepts. It discusses the evolution of computing systems and data storage. Big data is defined as large and complex data sets that are difficult to process using traditional methods due to the volume, variety, velocity, and veracity of the data. Examples of big data sources and applications are provided. Finally, different approaches for analyzing big data are described, including MapReduce, Hadoop, real-time analytics using databases, and complex event processing.
The document summarizes key aspects of private equity (PE) firms and their business model. It discusses how PE firms make money through leveraged buyouts (LBOs), the typical stages of a portfolio company, and performance measures like internal rate of return. It also outlines the basic structure of PE funds and how capital is contributed and returns are distributed. Key terms are defined and examples of top PE firms are provided.
The ETRC Advisory Board meeting agenda included discussing daily operations, seminars, the Spring School 2013 results, university collaboration, and a service learning project. ETRC visits increased each month in 2013 for books, computers, and audio/video. Weekly English teacher seminars and webinars had average attendance of 12 people. The Spring School hosted over 70 teachers each day. A group of retired American teachers provided EFL training. Service learning included weekly English seminars for non-English teachers. FACE club discussions had average attendance of 10-11 students. Future plans included regular seminars, an American holiday event, an ETRC anniversary contest, webinars, and a potential summer school.
1. AWPM is a limited private company that creates web pages with 3 owner-partners.
2. Their goal is to expand overseas and they request $5,000 to purchase personal computers to help grow their business.
3. They aim to become a small, affordable web design company that can quickly create beautiful web pages for clients.
The ETRC advisory board announces new computers, book donations, and a revised schedule. A survey found that 37.5% answered yes to a question, 43.75% no, and 18.75% not so much. Upcoming ETRC events include using computers in English classes, video essays, and PowerPoint presentations. On average, seminars have 10 attendees while movie and club sessions have 5. ETRC promotion occurred at several universities. A new project proposes seminars on modern technologies in teaching for non-English teachers in collaboration with education institutes.
¡Soy el nuevo y revolucionario complejo vitamínico! I'm the new and revolutionary vitaminic complex! (También soy un experimento SEO / I'm a SEO experiment too)
This presentation to give a brief overview of various technology features that constitue SAP In-memory Database HANA. More details about how SAP HANA achieves compression, insert only on delta, columniar/row stores, Data provisioning tools in to HANA appliance. this is more suited for technology teams who will manage SAP HANA appliance.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness, happiness and focus.
The document is a presentation about a web page maker created by Group G, which includes Takaaki Ouchi, Yuta Otsuka, and Tomohiro Oyama. The presentation covers the purpose, price, and benefits of the web page maker product, as well as their business plan which includes an executive summary, business operations, and financial planning. It emphasizes conveying important information to clients in a logical manner for both the web brochure and business plan, with key words including price, rapidness, and not needing a large office.
1. AWPM is a limited private company that creates web pages with 3 owner-partners.
2. The business aims to grow overseas and increase the number of customers by providing quick, affordable web design services.
3. The owners are requesting $5,000 to purchase a personal computer to help grow the business by allowing them to take on more work.
Overview presenation for Cloud Computing. This presentation also gives a glimpse of SAP's LVM capabilities that correspond to some of Cloud Capabilities.
This document discusses having students create video resumes to develop job skills. Video resumes allow students to showcase their talents and experiences in a creative format. Creating a video resume requires higher-order thinking as students must design, plan and synthesize information to effectively present themselves. It can help students improve English speaking skills and give them experience with real-world tasks. Teachers can use video resumes to assess students' vocabulary, pronunciation, and presentation abilities. The project encourages creative thinking and introduces students to important job search skills.
This presentation to give a brief overview of various technology features that constitue SAP In-memory Database HANA. More details about how SAP HANA achieves compression, insert only on delta, columniar/row stores, Data provisioning tools in to HANA appliance. this is more suited for technology teams who will manage SAP HANA appliance.
This document discusses SAP system copy methods and processes. It describes heterogeneous and homogeneous system copies when the operating system, database system, or both change. Methods covered include client export/import, database refresh, R3Load&Jload, IMIG, and third party tools. The document outlines the architecture and processes for ABAP and Java data export/import, including package and table splitting techniques used to optimize runtimes. Post migration testing activities are also listed.
The document discusses various tips for students to be successful in their studies such as setting specific goals, being prepared, participating positively in class, and turning in assignments on time. It also emphasizes developing traits like lifelong learning, motivation, positive self-talk, and self-efficacy. Finally, it stresses taking responsibility for one's classroom work and that grades are determined by one's own efforts rather than being defined by them.
The document provides 10 tips for effective PowerPoint presentations:
1) Avoid including too much information and keep presentations simple with 3-4 main points.
2) Choose backgrounds and fonts that are easy to read. Avoid distracting or unnecessary designs and colors.
3) Rehearse presentations thoroughly and practice against a clock to prepare for questions.
4) Use visual aids like pictures, graphs and tables to reinforce messages since people retain more visual information.
5) Structure presentations around 3 key messages that the audience will remember.
Manners are important around the world and vary between cultures. It is best to be courteous, respect differences, and remember you are a guest in other countries. While some say certain nationalities have better or worse manners, in reality every country has a mix. Manners show consideration for others and help people feel respected.
This document discusses several famous inventors and their inventions such as Albert Einstein and his theory of relativity, Thomas Edison and the light bulb, and the Wright brothers and the airplane. It also describes how the telephone became widespread in the late 19th century and was later replaced by cellular phones. Additionally, it introduces the concept of "Chindogu" which are silly and useless inventions from Japan like a noodle hair guard or portable zebra crossing. The document ends by quoting Plato about the importance of thinking to progress.
Combating Payments Fraud: How Well Are You Managing Your Company's Risk?Nasreen Quibria
Payments fraud incidents are increasing in frequency and severity every day. Combined with more stringent global regulatory requirements and increasing payments volumes, corporations today are challenged with combating emerging payments fraud activities. This session will discuss fraud trends impacting businesses, best practices in mitigating risk, and the tools to have in your arsenal in fighting fraudulent payment activities.
The document discusses how organizations can drive growth and profitability through intelligence, innovation, and best practices. It outlines expectations for new age businesses, including high profitability, uniqueness, and world best practices. Additionally, it examines how organizations can become more "intelligent" by gaining knowledge about their various environments and leveraging both internally and externally sourced business information and data.
AGM 2011 - CEO Presentation to ShareholdersMasan Consumer
The document is the CEO presentation to shareholders at the Annual General Meeting on April 25, 2011. The presentation outlines the company's 3-year leadership vision to become the number 1 place for talent in Vietnam, achieve 5% of Vietnam's GDP and $500 million in cash flows, and deliver a return of 30% per annum for shareholders. It discusses the company's strategy to consolidate Vietnam's private sector and build the best operating platforms to achieve scale while maintaining high returns, even in a volatile macro environment. The presentation introduces the company's leadership team and their vision and capabilities to execute the strategic plan and deliver value for shareholders.
The document is the CEO presentation to shareholders at the Annual General Meeting on April 25, 2011. The presentation outlines the company's 3-year leadership vision to become the number 1 place for talent in Vietnam, achieve 5% of Vietnam's GDP and $500 million in cash flows, and deliver a return of 30% per annum for shareholders. It discusses the company's strategy to consolidate Vietnam's private sector and build the best operating platforms to achieve scale while maintaining high returns, even in a volatile macro environment. The presentation introduces the company's leadership team and their vision and capabilities to execute the strategic plan and deliver value for shareholders.
Overview Of Housing/Credit Crisis And Why There Is More Pain To ComeAndrew Coleman
This document provides an overview of the housing/credit crisis and why more pain is to come. It discusses several key causes of the crisis, including a decline in lending standards that allowed many unqualified borrowers to obtain loans. This was driven by the assumption of perpetually rising home prices and the demand from Wall Street for loan products to securitize. The consequences section outlines the surge in delinquencies, falling home sales, rising foreclosures and inventories, and the number of homeowners who owe more than their homes are worth.
Researching the "next billion consumers" in emerging markets through mobile t...Merlien Institute
Researching the "next billion consumers" in emerging markets through mobile technology
Ben Olding - Co-founder and Chief Technology Officer – Txteagle
Discussing the rise of income in the emerging markets and the implications for consumer insights. Capitalizing the massive opportunities from the demand of insights from big brands. Leveraging mobile as both a sample source and research platform. Outlining how major brands and research firms are succeeding with mobile in emerging markets.
The document provides an analysis of media investments and advertising in Poland from 2008-2012. Some key points:
- Television remains the dominant medium, though internet advertising is growing rapidly.
- Major players in the television market saw shifts in market share, with Aflofarm rising to the top spot over Unilever.
- Top advertising sectors included food, pharmaceuticals, and telecoms.
- Television viewing remains high in Poland due to 70% of the population living outside major cities.
- Thematic channels increased their share, taking viewers from mainstream channels during winter months.
- Advertising inventory (seconds sold) increased over 20% in 2011 for the market as a whole.
- Print advertising rose
March 2011 economic health check presentationninahuchthausen
This document provides a summary of the March economic health check. It discusses key issues in the global and Australian economies including the recovery of the US and dominance of China, struggles in Australia, tight job markets, conservative consumer spending, strength of the Australian dollar, and opportunities in mining. Forecasts are provided for GDP growth, inflation, unemployment, interest rates, and the stock market through 2011. Strategies are discussed around managing interest rate and foreign exchange risks. Contact details are provided for further discussion.
Greece experienced a debt crisis following the 2008 global financial crisis that severely impacted its economy. Factors such as low cost borrowing pre-2008, non-compliance with budget and debt level targets, and loss of investor confidence exacerbated Greece's public finances troubles. This led Greece to require bailout packages from the EU and IMF. Austerity measures were implemented but unemployment rose to nearly 20% while many businesses closed. Political turmoil and leadership changes occurred as the Greek people grew unhappy with their economic situation and the Eurozone's response.
Bank of America Chief Financial Officer Al de Molina presented at the Credit Suisse Financial Services Conference on February 10, 2006. In his presentation, he discussed Bank of America's business mix, 2006 earnings outlook, leadership in the consumer and small business market, and efforts to diversify distribution channels and reduce costs. He projected 2006 revenue growth at the low end of the company's 6-9% long-term target range.
This document discusses software valuation and business models. It provides an example of valuing a software product over multiple versions, showing that expected sales and profits are typically lower than initial estimates once factors like slower adoption rates and customers not upgrading to new versions are accounted for. Alternative business models like charging for ongoing maintenance are discussed, and can provide longer-term income streams even after sales taper off. The document emphasizes keeping development costs low and designing software to have low maintenance needs.
How Banks will Generate Revenue on Payments and Checking in the New EraDavid Kerstein
Presentation at the BAI Payments Connect Conference, March, 2010. Survey of bankers to understand implications of new changes in Reg E, impact on earnings, and future changes in Checking Account revenue.
This document provides an analysis of the Polish media market in early 2012. It includes summaries of television viewing levels, revenues and expenditures for different media platforms. Overall, television consumption in January-February 2012 was slightly lower than the previous two years. However, revenues were up 3% over the same period in 2011, driven by growth in cinema and radio. The share of the largest TV channels continues to decline as thematic channels gain popularity. Internet advertising is growing the fastest but television remains the primary platform. The outlook calls for stagnation in the second half of 2012 after increases due to Euro 2012 in the spring.
Patent Connect aims to connect intellectual property owners with companies that can commercialize innovations. Their mission is to create profits for both sides by brokering patent licensing and royalty agreements. The business plan projects rapid revenue growth from $50,000 in year 1 to $15 million in year 5, with net profits increasing from losses to $9.5 million in year 5. Patent Connect requires $1 million in initial funding to launch operations connecting university patent portfolios with interested industries.
Financial Times -2010 Fund Image Summary Of FindingsDaniel Rothman
Measuring the standing and profile of 24 leading asset management companies among US financial intermediaries.
Conducted by the FT Global Research team.
Financial Times 2010 Fund Image summary of findingsDaniel Rothman
The document summarizes the results of an online survey of 316 financial advisors conducted by the FT Global Research team regarding fund image and brand perceptions of 24 major asset management firms.
Key findings from the survey include:
1) The most important attributes for advisors when selecting asset management firms were trustworthiness, financial strength/long-term stability, and reputation.
2) PIMCO, BlackRock, and Franklin Templeton were most commonly associated with attributes like risk management, reputation, and transparency. Fidelity was seen as a leader in fees.
3) Over the next 6 months, advisors planned moderate increases in allocations to emerging markets, international equities
The document discusses the issues with global tax havens and their costs. It notes that the global tax haven industry is huge and hurts economic growth and development. Trillions of dollars are missing from countries' tax bases and held in havens, growing transnational corporate abuses. Solutions require transparency, ending tax and rule competition between countries, and addressing the roles of professionals and institutions that enable tax haven abuse.
Terex is a leading manufacturer of construction and mining equipment with sales of $9.1 billion in 2007. It aims to grow sales to $12 billion by 2010 through organic growth and acquisitions while improving operating margins to 12% and reducing working capital to sales ratio to 15%. Terex has a diversified business across products and geographies that provides balance throughout the economic cycle.
Terex is a leading manufacturer of construction and mining equipment with strong market positions. It aims to grow sales to $12 billion by 2010 through executing on initiatives to improve supply chain management, pricing discipline, and productivity. Terex has a diversified business across products and geographies to balance performance through different economic cycles.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
South Dakota State University degree offer diploma Transcriptynfqplhm
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KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Using Online job postings and survey data to understand labour market trends
Execu Net P.E. 101 Mike Lorelli
1. p.e. 101
An ExecuNet Coffee Break
Presented by
Mike Lorelli
1
ExecuNet 2010 All Rights Reserved
2. EBITDA
Earnings Before:
▬ Interest
▬ Taxes
▬ Depreciation
▬ Amortization
2
ExecuNet 2010 All Rights Reserved
3. Stages
Idea Up & Running Mature
• Trailing EBITDA
VC PE
3
ExecuNet 2010 All Rights Reserved
4. Agenda
How the p.e.‟s made/make money
Terminology
Where they are; where their companies are
Some names
The p.e. model*
p.e. compensation
Performance measures
The Funnel
Getting to a p.e.
Know who you‟re getting in bed with
Management Compensation
The p.e.‟s Plan
LinkedIn
Resources
(*The p.e. model)
(Debt and Covenants)
4
ExecuNet 2010 All Rights Reserved
5. Worse than real estate brokers in Darien, CT
1978: 80 „Leveraged Buyout Groups‟ in US
2008: Estimated 3,000 around the world
- 2,000 U.S.
5
ExecuNet 2010 All Rights Reserved
6. Private Equity as a % of U.S. M& A Activity
35
30
25
20
15
10
5
0
'90 '95 '00 '05 '09
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7. How They Made Money: ‟70‟s and ‟80‟s and today
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Late 70s Mid 80s Late 80s Early 90s Late 90s Today
Origination Revenue Growth
Financial Engineering Acquisition
ExecuNet 2010 All Rights Reserved 7
Source: David Offensend, Evercore Capital Partners
9. Terminology
The providers of capital: Limited Partners, or
LP‟s
- who are they?
The fund manager: General Partner, or
GP, or p.e.
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12. Private Equity Firms Portfolio Companies
% of % of
States total States total
1 New York 23.3% 1 California 18.8%
2 California 15.1% 2 Texas 8.8%
3 Illinois 9.4% 3 New York 6.6%
4 Texas 7.4% 4 Massachusetts 5.9%
5 Massachusetts 7.0% 5 Florida 4.5%
6 Connecticut 6.5% 6 Pennsylvania 4.2%
7 Pennsylvania 3.7% 7 Illinois 4.2%
8 Virginia 2.4% 8 New Jersey 3.7%
9 Florida 2.2% 9 Georgia 3.2%
10 Michigan 2.0% 10 Ohio 3.0%
11 Ohio 2.0% 11 Colorado 2.7%
12 Colorado 1.9% 12 North Carolina 2.5%
13 North Carolina 1.9% 13 Virginia 2.4%
14 New Jersey 1.8% 14 Minnesota 2.2%
15 Georgia 1.7% 15 Michigan 2.0%
16 Washington DC 1.6% 16 Washington 2.0%
17 Minnesota 1.6% 17 Connecticut 1.9%
18 Maryland 1.4% 18 Maryland 1.9%
19 Indiana 0.8% 19 Wisconsin 1.8%
20 Wisconsin 0.8% 20 Tennessee 1.8%
Sample Size: 1,000+ private equity firms, 10,000+ portfolio companies
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ExecuNet 2010 All Rights Reserved
13. Many ways to categorize the 3,000
By size
▬ Large $1 billion+ revenues
▬ Mid-market > $150 million
▬ Small < $150 million
By sector specialty
▬ Health care
▬ Consumer
▬ IT
▬ Financial services
▬ etc.
And those that chase everything that moves
Net-net, sector first; and mid-market; not lower
or upper
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ExecuNet 2010 All Rights Reserved
14. Excellent
14
ExecuNet 2010 All Rights Reserved
15. Top 50 Fund Managers
Rank Firm City Capital
($Millions)
1 Carlyle Group LP Washington $32,000
2 Permira Advisers LLP London $27,388
3 Bain Capital Inc. Boston $26,000
4 Blackstone Group New York $25,000
5 Kohlberg Kravis Roberts & Co. New York $24,300
6 Credit Suisse Private Equity New York $22,100
7 GS Capital Partners Inc. New York $21,500
8 Apax Partners Worldwide LLP London $20,750
9 Texas Pacific Group Inc. Fort Worth, TX $20,000
10 CVC Capital Partners London $18,784
11 Thomas H. Lee Partners Boston $18,000
12 HarborVest Partners Boston $16,800
13 Cerberus Capital Management LLC New York $16,500
14 Welsh Carson Anderson & Stowe New York $16,000
15 Apollo Advisors LP New York $15,000
16 Adams Street Partners LLC Chicago $12,700
17 Lehman Brothers Merchant Banking New York $12,600
ExecuNet 2010 All Rights Reserved 15
16. Very Respectable Mid-Market
American Capital Fenway Partners
Capital Partners Frontenac
Founders Equity Hamilton Robinson
Mid-Ocean Pegasus
Nautic Partners HIG
North Castle Charter House Group
Riverside Company Gemini Investors
Wind Point Lincolnshire
Goodrich Capital MCG Capital
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ExecuNet 2010 All Rights Reserved
17. The LBO model
Purchase Sale
▬ 7.0 X $9m = $63 ▬ 8.0 X 13 = $112
▬ Cash 27 ▬ Debt 32
▬ Debt 36 ▬ Proceeds 80
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ExecuNet 2010 All Rights Reserved
18. The LBO model
Purchase Sale
▬ 7.0 X $9m = $63 ▬ 8.0 X 13 = $112
▬ Cash 27
▬ Debt 32
▬ Debt 36 ▬ Proceeds 80
= 3.1 X cash-on-cash
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ExecuNet 2010 All Rights Reserved
22. The p.e. / L.P Model Pelosi 2008
Fund
Sale
A D
F
C E
B
F
J
C
A D G I
Purchase B H
E
2008 2009 2010 2011 2012 2013 2014 2015 2016
ExecuNet 2010 All Rights Reserved 22
23. The p.e. / L.P Model Pelosi 2008
Fund
Sale
A D
F
C E
B
F J
C
A D G I
Purchase B H
E
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Invest Harvest
ExecuNet 2010 All Rights Reserved 23
25. p.e. Compensation
2% of managed capital
▬ pays salaries, rent, and nominal bonuses
20% carried interest from profits on distributions*
* pre-Obama
25
ExecuNet 2010 All Rights Reserved
26. Performance Measures
IRR 20% 28% 33+%
Cash-on-cash return 2X 3X 5+X
Hold period years 8+ years 6 years 3 years
26
ExecuNet 2010 All Rights Reserved
27. Buyout Fund Sample
Capital Capital Dist. As of Net IRR
Partnership/Year Committed (M) Cont. (M) (M) As of (%)
02/28/09 02/28/0
9
Endeavour Capital Fund III LP/2000 $25.0 $24.5 $41.9 29.6
Endeavour Capital Fund IV LP/2004 $50.0 $45.6 $16.1 25.2
Wellspring Capital Partners III LP/2002 $75.0 $80.9 $85.4 24.9
TPG Partners III LP/2000 $300.0 $284.5 $549.9 24.5
BDCM Opportunity Fund LP/2002 $50.0 $108.5 $128.1 23.3
Providence Equity Partners IV LP/2000 $150.0 $210.1 $243.9 22.5
2000 Riverside Capital Appreciation Fund/2000 $50.0 $45.9 $68.0 22.4
Green Equity Investors III LP/1999 $50.0 $49.4 $104.1 21.7
Hicks Muse Tate & Furst Europe Fund LP/1999 $99.3 $116.8 $195.9 21.6
Fox Paine Capital Fund II LP/2000 $50.0 $42.0 $47.8 20.0
Castle Harlan Partners IV LP/2002 $100.0 $98.3 $90.7 18.4
KKR European Fund LP/1999 $400.0 $532.0 $737.3 18.1
OCM Principal Opportunity Fund II LP/2001 $50.0 $61.3 $79.4 17.3
Aurora Equity Partners III LP/2004 $50.0 $39.0 $20.8 16.9
Providence Equity Partners III LP/1999 $100.0 $106.4 $157.2 15.6
2003 Riverside Capital Appreciation Fund/2003 $75.0 $72.2 $29.2 15.6
Matlin Patterson Global Opportunities Partners/2001 $75.0 $76.6 $117.1 15.2
OCM Opportunities Fund V LP/2004 $50.0 $50.0 $66.3 13.9
Vestar Capital Partners IV LP/1999 $100.0 $97.6 $101.1 13.9
ExecuNet 2010 All Rights Reserved 27
28. The Funnel
300 teasers
100 books
7 LOI‟s
2 due diligence
1 close
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29. “ The Capital Call” Pelosi 2008
Fund
Sale
A D
F
C E
B
C F J
A D I
G
Purchase B H
E
2008 2009 2010 2011 2012 2013 2014 2015 2016
ExecuNet 2010 All Rights Reserved 29
30. Landing in a Portfolio Company
CEO Direct to p.e. Deal Team
(Board Members)*
Direct to p.e. Board
CFO or COO Members and portfolio
company CEO
C-level in „the leverage Direct to p.e. Board
point‟ Members
and portfolio company CEO
Other C-Level Portfolio company CEO
* Check their web site
30
ExecuNet 2010 All Rights Reserved
31. Who the p.e. wants to meet
Target-Driven
Deal Exec
Thesis-Driven
Deal Exec
Deal Resource
Source: Andy Thompson, Notch Partners Job Seekers
ExecuNet 2010 All Rights Reserved 31
32. Elements of a Deal Thesis
Clear definition of industry – niche, size, geography, etc.
Outline of value-creation opportunities
Outline of plan for pursuing those sources of value
Explanation of why you/ your team are ideally suited to lead
such an effort – include description of team if applicable
Roster of 5-20 target companies
Status of discussions with target companies (if any)
Thoughts on likely exits
Source: Andy Thompson, Notch Partners
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ExecuNet 2010 All Rights Reserved
33. Management Compensation
CEO $150K - $300K 50-75% 5.0% equity*
CFO/COO $125K - $275K 40-50% 1.5% equity
VP $125K - $225K 25-33% 1.0% equity
* and opportunity to co-invest
33
ExecuNet 2010 All Rights Reserved
34. Know Who You‟re Getting in Bed With
Professionals
▬ results with class
Sharks
The tell-tale signs of people who re-use dental floss
$150K base
Low bonus
Minimal equity
No contract
34
ExecuNet 2010 All Rights Reserved
35. The Plan
Fleshed out approach for how value will be created
▬ Strategic and operational blueprint
Rapid change principles
▬ 80/100 rule: an 80% solution that‟s ready to go now,
beats a 100% effective, theoretical solution, ready to go in 4
months
Make capital work hard
▬ Re-deploy underperforming assets
35
ExecuNet 2010 All Rights Reserved
36. Buyout Example Economics
Investment (Example)
• Acquire a business for 5.5x EBITDA
• Over 5 year horizon
Sales grow at 7% annually
Margins improve from 14% to
15.5%
• Sell business in year 5 for 5.5x EBITDA
WPP/Co-Investors Results CEO
• Assuming
• 30% IRR
• 3.7x cash-on-cash return CEO co-invest of $750k
CEO gets 7.5% of common
• CEO receives over $10 million
36
ExecuNet 2010 All Rights Reserved Courtesy: Wind Point Partners
37. Components of Equity Value Creation
As EBITDA grows, the value of the enterprise increases.
At the same time, free cash flow reduces debt.
At Close Y1 Y2 Y3 Y4 Y5
EBITDA 25.2 27.5 30.1 32.9 35.9 39.1
Exit Value (5.5x EBITDA) 138.6 151.5 165.5 180.7 197.2 215.2
Cash Available for Debt Pay down 7.9 9.6 11.5 13.6 15.8
Net Debt 100.8 92.9 83.2 71.7 58.1 42.4
$ millions
37
ExecuNet 2010 All Rights Reserved Courtesy: Wind Point Partners
38. The Three Primary Return Drivers
Leverage
Value Improvement: EBITDA Growth
Exit Multiple Expansion
38
ExecuNet 2010 All Rights Reserved Courtesy: Wind Point Partners
40. APRIL 23, 2010
Blackstone Rides a Better Portfolio
By PETER LATTMAN
NEW YORK—More signs of strength emerged in the private-equity business Thursday, as Blackstone Group LP reported solid first-
quarter earnings results. The firm said the value of its private-equity portfolio rose 16% in the first quarter and its real-estate
holdings increased 12%. Its hedge-fund business, which has about $50 billion under management, also posted good performance.
Shares of Blackstone fell 11 cents, or 0.74%, to $14.84 in 4 p.m. New York Stock Exchange trading.
The report from New York-based Blackstone, the industry's largest player, came as its private-equity peers struck a flurry of
leveraged buyouts in the $1 billion range, underscoring the recovery of the large banks that provide the corporate loans to fund
such deals.
Blackstone Chairman Stephen Schwarzman sees 'concrete signs of economic improvement in our portfolio.„
The private-equity business has settled into a "new normal" after a volatile period. After a buyout bubble during the middle of
last decade defined by record-size acquisitions and reckless lending practices, the financial crisis brought the industry to its
knees. After a sharp recovery, today's environment is characterized by fewer headline-grabbing deals and more-conservative
financing packages.
If there's one concern across the industry, it's the pushback private-equity firms are receiving from their investor base of
pension funds and sovereign-wealth funds. These investors, called limited partners, are arguing for lower fees and greater
disclosure from buyout shops. Fund raising remains difficult; Blackstone is raising its sixth flagship buyout fund and expects to
raise $12.5 billion, according to a person familiar with the fund, down from its $21.7 billion fifth fund.
The private-equity business is certainly heating up again. In particular, firms announced several deals in which one group of
private-equity owners have acquired a business from another private-equity group. Such transactions are less complicated than
selling a business to a public company or via a public offering. Some private-equity investors frown upon the practice, as they
can create the perception that these deals are being done for expediency rather than maximizing value.
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ExecuNet 2010 All Rights Reserved
41. A word on covenants
Max Capital expenditure $1.5 million
Min LTM EBITDA 11.0 million
Fixed Charge Coverage 1.00x
Total Deb Leverage 3.75x
Maximum Senior Leverage 4.50x
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ExecuNet 2010 All Rights Reserved
42. The trades . . .
42
ExecuNet 2010 All Rights Reserved
43. A few words about
Have a killer handle
- Premium Brand Building CEO - Idea Monitizer
- Rapid new revenue streams for brands
Work hard at your keywords . . . ask the recruiter!
Refresh your „Activities‟
A business picture, not a tourist photo
Reco‟s matter . . . 25+
Don‟t be “unconnected” . . . 250+
Consider having it professionally prepared
Claim your personal URL and put on your resume
www.LinkedIn.com/in/mikelorelli not www.LinkedIn.com/in/02264lorelli9946
43
ExecuNet 2010 All Rights Reserved
44. Resources
▬ Private Equity Info
www.PrivateEquityinfo.com
Andy Jones
ajones@privateequityinfo.com
(512) 771-3943
▬ Galante‟s
▬ E-blasts: Solutions Marketing:
- Llew Smith (203) 655-2601
- LSmith@SolutionsMktg.com
- 2,700 p.e.‟s/VC‟s $499
- 2,700 search + 2,700 p.e.‟s $699
▬ LinkedIn: Jan Wallen
Jan@LinkedInWorks.com
44
ExecuNet 2010 All Rights Reserved
45. Good luck!
Mike Lorelli
CEO and Chief Passionate Officer
WaterJel Technologies, Inc.
(201) 806-3110
MLorelli@WaterJel.com
45
ExecuNet 2010 All Rights Reserved
46. Michael K. Lorelli
Mike Lorelli‟s 30-year career spans a wide range of consumer products and services, and B2B
categories, with responsibilities for both domestic and international units. His years as a line-
operating manager have largely been with Fortune 100 companies: PepsiCo and Bristol Myers
Squibb. For the last decade, as CEO, he has led revitalizations and turnarounds for private
equity firms. For example, Dr. John Rutledge, Chairman of Rutledge Capital, will say: “I would
invade China with Mike alone in a rubber boat.” He is presently CEO of Carlstadt, NJ based
WaterJel Technologies, the leader in burn care products. WaterJel is a Riverside Company.
Previously, he led the growth of Latex International, a Pouschine-Cook company. Mike has also
led CEO engagements for Rutledge Capital, and Cerberus.
Mike‟s assignments at PepsiCo included Executive Vice President – Marketing, Sales and R&D
for Pepsi-Cola North America, President of Pepsi-Cola East, a $1.5 Billion operating company,
and President for Pizza Hut‟s International division where he led a “global or bust” charge,
resulting in expanding the Company‟s presence from 68 to 92 countries, surpassing McDonalds
in country count. During his PepsiCo tenure, he is given credit for authoring the soft drink
company‟s “Big Event Marketing” strategy, which coupled the product with leading- edge events
Michael K. Lorelli in entertainment, sports, consumer electronics, movies and home video.
15 Norman Lane
Darien, CT 06820
Office: 203 655-2444
Mike holds a Bachelor of Engineering degree in Industrial Engineering from New York University,
FAX: 203 655-6916
and an MBA in Marketing from NYU‟s Stern Graduate School of Business. He has traveled to 54
Email: miklorelli@aol.com
countries, is an avid runner, claims to excel at no sport, is an active private pilot, member The
Website: www.Lorelli.net
CEO Trust, former member of YPO, and author of the childrens‟ best-seller “Traveling Again,
Dad?” with profits donated to childrens‟ charities. Mike is a Director of iMedicor (Ticker: VMCI).
He resides in Darien, CT with his wife Nancy.
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ExecuNet 2010 All Rights Reserved