Download this Paper Open PDF in Browser

Leveraged Buyouts and Private Equity

40 Pages Posted: 3 Aug 2008 Last revised: 14 Jan 2009

Steven N. Kaplan

University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)

Per Strömberg

Swedish House of Finance

Multiple version iconThere are 2 versions of this paper

Date Written: June 2008

Abstract

We describe and present time series evidence on the leveraged buyout/private equity industry, both firms and transactions. We discuss the existing empirical evidence on the economics of the firms and transactions. We consider similarities and differences between the recent private equity wave and the wave of the 1980s. Finally, we speculate on what the evidence implies for the future of private equity.

Keywords: Private Equity

JEL Classification: G30

Suggested Citation

Kaplan, Steven N. and Strömberg, Per, Leveraged Buyouts and Private Equity (June 2008). Available at SSRN: https://ssrn.com/abstract=1194962 or http://dx.doi.org/10.2139/ssrn.1194962

Steven Neil Kaplan (Contact Author)

University of Chicago - Booth School of Business ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
773-702-4513 (Phone)
773-702-0458 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Per Stromberg

Swedish House of Finance ( email )

Drottninggatan 98
111 60 Stockholm
Sweden

Paper statistics

Downloads
7,472
Rank
518
Abstract Views
27,723