{"product_id":"beyond-the-j-curve-managing-a-portfolio-of-venture-capital-and-private-equity-funds-9780470011980","title":"Beyond the J Curve: Managing a Portfolio of Venture Capital and Private Equity Funds","description":"In recent times, venture capital and private equity funds have become household names, but so far little has been written for the investors in such funds, the so-called limited partners. There is far more to the management of a portfolio of venture capital and private equity funds than usually perceived. \u003ci\u003eBeyond the J Curve\u003c\/i\u003e describes an innovative toolset for such limited partners to design and manage portfolios tailored to the dynamics of this market place, going far beyond the typical and often-simplistic recipe to 'go for top quartile funds'. \u003cp\u003e\u003ci\u003eBeyond the J Curve\u003c\/i\u003e provides the answers to key questions, including: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eWhy 'top-quartile' promises should be taken with a huge pinch of salt and what it takes to select superior fund managers?\u003c\/li\u003e \u003cli\u003eWhat do limited partners need to consider when designing and managing portfolios?\u003c\/li\u003e \u003cli\u003eHow one can determine the funds' economic value to help addressing the questions of 'fair value' under IAS 39 and 'risk' under Basel II or Solvency II?\u003c\/li\u003e \u003cli\u003eWhy is monitoring important, and how does a limited partner manage his portfolio?\u003c\/li\u003e \u003cli\u003eHow the portfolio's returns can be improved through proper liquidity management and what to consider when over-committing?\u003c\/li\u003e \u003cli\u003eAnd, why uncertainty rather than risk is an issue and how a limited partner can address and benefit from the fast changing private equity environment?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eBeyond the J Curve\u003c\/i\u003e takes the practitioner's view and offers private equity and venture capital professionals a comprehensive guide making high return targets more realistic and sustainable. This book is a must have for all parties involved in this market, as well as academic and students.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eAbout the authors\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDR THOMAS MEYER\u003c\/b\u003e studied computer science at the Bundeswehr Universität in Munich followed by doctoral studies at the University of Trier. He also holds an MBA from the London Business School. After 12 years in the German Air Force he worked for the German insurance group Allianz AG in Corporate Finance and M\u0026amp;A with particular focus on Japan, and as the regional Chief Financial Officer of Allianz Asia Pacific in Singapore. \u003c\/p\u003e\u003cp\u003eOver the last years Thomas has been responsible for the creation of the European Investment Fund's risk management function. The focus of his work is the development of valuation and risk management models and investment strategies for venture capital fund-of-funds. \u003c\/p\u003e\u003cp\u003e\u003cb\u003etmeyer.mba33@london.edu\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePIERRE-YVES MATHONET\u003c\/b\u003e holds a Master of Science cum laude in Finance from London Business School and a Master of Science magna cum laude in Management from Solvay Business School, Brussels. He is also a Certified European Financial Analyst. \u003c\/p\u003e\u003cp\u003eHe worked as an investment banker in the technology groups of Donaldson, Lufkin \u0026amp; Jenrette (DLJ) and Credit Suisse First Boston, and previously, for the audit and consulting departments of PricewaterhouseCoopers. \u003c\/p\u003e\u003cp\u003eHe is currently heading the venture capital activities within the Risk Management and Monitoring division of the European Investment Fund. \u003c\/p\u003e\u003cp\u003e\u003cb\u003epmathonet.mifft2000@london.edu\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eTogether, as risk managers, the authors are responsible for a portfolio of nearly two hundred private equity funds with more than 2.5 billion committed and almost 5 billion under management.\u003cbr\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":50324737196306,"sku":"9780470011980","price":110.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_465ec401-411b-447f-94f6-dabab12bad32.jpg?v=1727671868","url":"https:\/\/surprise-castle.myshopify.com\/products\/beyond-the-j-curve-managing-a-portfolio-of-venture-capital-and-private-equity-funds-9780470011980","provider":"Surprise Castle","version":"1.0","type":"link"}