{"product_id":"private-equity-operational-due-diligence-website-tools-to-evaluate-liquidity-valuation-and-documentation-hardcover","title":"Private Equity Operational Due Diligence, + Website: Tools to Evaluate Liquidity, Valuation, and Documentation - Hardcover","description":"\u003cp\u003eby \u003cb\u003eJason A. Scharfman\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA step-by-step guide to develop a flexible comprehensive operational due diligence program for private equity and real estate funds\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eAddressing the unique aspects and challenges associated with performing operational due diligence review of both private equity and real estate asset classes, this essential guide provides readers with the tools to develop a flexible comprehensive operational due diligence program for private equity and real estate. It includes techniques for analyzing fund legal documents and financial statements, as well as methods for evaluating operational risks concerning valuation methodologies, pricing documentation and illiquidity concerns.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eCovers topics including fund legal documents and financial statement analysis techniques\u003c\/li\u003e \u003cli\u003eIncludes case studies in operational fraud\u003c\/li\u003e \u003cli\u003eCompanion website includes sample checklists, templates, spreadsheets, and links to laws and regulations referenced in the book\u003c\/li\u003e \u003cli\u003eEquips investors with the tools to evaluate liquidity, valuation, and documentation\u003c\/li\u003e \u003cli\u003eAlso by Jason Scharfman: \u003ci\u003eHedge Fund Operational Due Diligence: Understanding the Risks\u003c\/i\u003e\n\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with case studies, this book is required reading for private equity and real estate investors, as well as fund managers and service providers, for performing due diligence on the noninvestment risks associated with private equity and real estate funds.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThough not as prevalent as hedge funds, lucrative private equity and real estate funds handle billions of dollars versus hedge funds' millions. Because of the vast amount of money invested in these funds, it is imperative that investors perform operational due diligence. Written to persuade Limited Partners once and for all of the benefits of performing and maintaining a robust operational due diligence program, \u003ci\u003ePrivate Equity Operational Due Diligence\u003c\/i\u003e arms you with the tools to develop detailed, agile, comprehensive, and \u003ci\u003eongoing \u003c\/i\u003eoperational due diligence reviews.\u003c\/p\u003e\u003cp\u003eAddressing the unique aspects and challenges associated with private funds, author Jason Scharfman shares his decades of experience performing due diligence on the non-investment (i.e., operational or business) risks associated with private equity and real estate funds. Beginning with a brief history of operational risk coupled with the unique aspects of operational due diligence on private equity funds, \u003ci\u003ePrivate Equity Operational Due Diligence\u003c\/i\u003e analyzes the approaches to valuation, legal, and financial statement risks. User-friendly flag icons throughout the text highlight key operational risk areas and deficiencies that have historically tended to signal larger problems.\u003c\/p\u003e\u003cp\u003eIn this step-by-step guide, you'll discover: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eOperational risk compared to operational due diligence\u003c\/li\u003e\n\u003cli\u003eUnderstanding the goals of the operational due diligence process\u003c\/li\u003e\n\u003cli\u003eDesigning an operational due diligence program for private equity\u003c\/li\u003e\n\u003cli\u003eKey risk consideration areas\u003c\/li\u003e\n\u003cli\u003eCash management and controls\u003c\/li\u003e\n\u003cli\u003eBusiness continuity and disaster recovery\u003c\/li\u003e\n\u003cli\u003eValuation committee review scope\u003c\/li\u003e\n\u003cli\u003eOperational due diligence specialists versus generalists\u003c\/li\u003e\n\u003cli\u003eTrends in indemnification and exculpation clauses\u003c\/li\u003e\n\u003cli\u003eFraud considerations: mortgage fraud and straw man borrowers\u003c\/li\u003e\n\u003cli\u003eEvolution of Minimum Operational Risk Regime (MORR)\u003c\/li\u003e\n\u003cli\u003eOngoing fund monitoring techniques\u003c\/li\u003e\n\u003cli\u003ePrivate equity fund advisory boards\u003c\/li\u003e\n\u003cli\u003eDifferent types of advisory boards: Limited Partners versus Pure Advisors\u003c\/li\u003e\n\u003cli\u003eCase studies and scenarios\u003c\/li\u003e\n\u003cli\u003eTrends and future developments\u003c\/li\u003e\n\u003cli\u003eUse of third-party administrators\u003c\/li\u003e\n\u003cli\u003eImpact of Dodd-Frank on operational due diligence\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eA companion website includes sample checklists and templates to assist with the techniques outlined in the book, including spreadsheets for financial statement analysis and legal document analysis, as well as links to various laws and regulations. \u003c\/p\u003e\u003cp\u003eIt's time to give operational due diligence its due respect with \u003ci\u003ePrivate Equity Operational Due Diligence.\u003c\/i\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eJASON A. SCHARFMAN \u003c\/b\u003eis a Managing Partner at Corgentum Consulting. He performs operational due diligence reviews of hedge funds, private equity, and real estate funds on behalf of institutional investors, pensions, high net worth individuals, and ERISA plans. Prior to forming Corgentum, he was the Director of Operational Risk at Graystone Research (Morgan Stanley). As Director, he was responsible for managing global operational risk assessment for all U.S., Asian, and European funds. His articles have appeared in \u003ci\u003ePension \u0026amp; Investments\u003c\/i\u003e and FINAlternatives.com\u003ci\u003e. \u003c\/i\u003eHe also teaches a course at New York University, has consulted with the U.S. House Judiciary Committee on the subject of hedge fund and private equity regulation, and provided training to financial regulators on the subject of hedge fund and private equity due diligence.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 400\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.3 x 9.2 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 10, 2012\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42127796076679,"sku":"9781118113905","price":100.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/9c4cbc7d3147c31aec3c23e4e9e7d660.webp?v=1732590718","url":"https:\/\/booksby.splitshops.com\/products\/private-equity-operational-due-diligence-website-tools-to-evaluate-liquidity-valuation-and-documentation-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}