Investment Banking：Valuation, Leveraged Buyouts, and Mergers & Acquisitions

图书标准信息

• 作者 Joshua Harris 著
• 出版社 Wiley
• 出版时间 2013-05
• ISBN 9781118656211
• 定价 937.20元
• 装帧 平装
• 开本 其他
• 纸张 其他
• 页数 448页
• 正文语种 英语
• 丛书 Wiley Finance

【内容简介】

Atimelyupdatetotheglobalbest-sellingbookoninvestmentbankingandvaluation
Intheconstantlyevolvingworldoffinance,asolidtechnicalfoundationisanessentialtoolforsuccess.Duetothefast-pacednatureofthisworld,however,noonehasbeenabletotakethetimetoproperlycodifythelifebloodofthecorporatefinancier'swork——namely,valuation.RosenbaumandPearlhaverespondedtothisneedbywritingthebookthattheywishhadexistedwhentheyweretryingtobreakintoWallStreet.
InvestmentBanking:Valuation,LeveragedBuyouts,andMergers&Acquisitions,SecondEditionisahighlyaccessibleandauthoritativebookthatfocusesontheprimaryvaluationmethodologiescurrentlyusedonWallStreet——comparablecompanies,precedenttransactions,DCF,andLBOanalysis——aswellasM&Aanalysis.ThesemethodologiesareusedtodeterminevaluationforpublicandprivatecompanieswithinthecontextofM&Atransactions,LBOs,IPOs,restructurings,andinvestmentdecisions.Usingastep-by-stephow-toapproachforeachmethodology,theauthorsbuildachronologicalknowledgebaseanddefinekeyterms,financialconcepts,andprocessesthroughoutthebook.TheyalsoprovideacomprehensiveoverviewofthefundamentalsofLBOsandanorganizedM&Asaleprocess,aswellasmergerconsequencesanalysis.
Intheaftermathofthesubprimemortgagecrisisandensuingcreditcrunch,theworldoffinanceisreturningtothefundamentalsofvaluationandcriticalduediligenceforM&A,capitalmarkets,andinvestmentopportunities..Thisinvolvestheuseofmorerealisticassumptionsgoverningapproachtoriskaswellasawiderangeofvaluedrivers.Whilevaluationhasalwaysinvolvedagreatdealof"art"inadditiontotime-tested"science,"theartistryisperpetuallyevolvinginaccordancewithmarketdevelopmentsandconditions.Asaresult,RosenbaumandPearlhaveupdatedthewidelyadoptedfirsteditionoftheirbookwithrespecttobothtechnicalvaluationfundamentalsaswellaspracticaljudgmentskillsandperspective.Theauthorshavealsoaddedacomprehensiveandhighlytechnicalchapteronbuy-sideM&Aanalysis.
Furthermore,theauthorsaddresstheimportanceofrigorousanalysisbasedontrustedandattributabledatasources.Inthisbook,theyhighlightseveraldatasetsandinvestmentbankingtoolsfromBloomberg,aleadingproviderofbusinessandfinancialdata,news,research,andanalytics.

【作者简介】

JoshuaRosenbaumisaManagingDirectoratUBSInvestmentBankintheGlobalIndustrialGroup.Heoriginates,structures,andadvisesonM&A,corporatefinance,andcapitalmarketstransactions.Previously,heworkedattheInternationalFinanceCorporation,thedirectinvestmentdivisionoftheWorldBank.HereceivedhisABfromHarvardandhisMBAwithBakerScholarhonorsfromHarvardBusinessSchool.

JoshuaPearlisaninvestmentanalystatBrahmanCapitalCorp.Previously,hestructuredandexecutedleveragedloanandhighyieldbondfinancings,aswellasleveragedbuyoutsandrestructuringsasaDirectoratUBSInvestmentBankinLeveragedFinance.PriortoUBS,heworkedatMoelis&CompanyandDeutscheBank.HereceivedhisBSinBusinessfromIndianaUniversity'sKelleySchoolofBusiness.