Abstract

http://ssrn.com/abstract=2031103
 
 

Citations (1)



 


 



The Private Equity Contract


Steven Davidoff Solomon


University of California, Berkeley - School of Law

December 10, 2011

THE OXFORD HANDBOOK OF PRIVATE EQUITY, D. Cumming, ed., Oxford University Press, March 2012
Ohio State Public Law Working Paper No. 174

Abstract:     
This chapter examines private equity's unique contracting arrangements for the acquisition of public targets. The shifting terms and structure of the private equity contract are explored, including revisions made in light of the exogenous shock of the financial crisis. Private equity's standard contractual arrangements provide optionality to abandon agreed acquisitions expanding the universe of potential acquisition targets. I argue that the success of private equity is in part due to these unique transactional arrangements.

Number of Pages in PDF File: 25

Keywords: private equity, contracts, complex contracts, contractual design

working papers series





Download This Paper

Date posted: March 30, 2012 ; Last revised: October 3, 2012

Suggested Citation

Davidoff Solomon, Steven, The Private Equity Contract (December 10, 2011). THE OXFORD HANDBOOK OF PRIVATE EQUITY, D. Cumming, ed., Oxford University Press, March 2012; Ohio State Public Law Working Paper No. 174. Available at SSRN: http://ssrn.com/abstract=2031103 or http://dx.doi.org/10.2139/ssrn.2031103

Contact Information

Steven M. Solomon (Contact Author)
University of California, Berkeley - School of Law ( email )
215 Boalt Hall
Berkeley, CA 94720-7200
United States
Feedback to SSRN


Paper statistics
Abstract Views: 1,311
Downloads: 386
Download Rank: 42,830
Citations:  1

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo6 in 0.328 seconds