The Best Private Equity Books That You Should Be Reading Right Now in 2021
If you are interested in making a career in private equity or want to invest some money in it, reading some of the best private equity books will be very helpful for you. In this post, we will take a look at some of the best private equity books for you to read. Let’s get started.
The Best Private Equity Books for You
Investment Banks, Hedge Funds, and Private Equity – David Stowell
This kicks off our list of the best private equity books. This private equity book is a package that covers the finance industry’s top tiers. The author does a great job of explaining how investment banking, hedge funds, and private equity dominate the market, along with the investor’s investments and money-making. Strategies to bounce back from the 2009 recession are also covered in the book. He continues by projecting the powers of these sectors and their overall influence on the market.
Leveraged Buyouts: A Practical Guide to Investment Banking and Private Equity – Paul Pignataro
This book provides a detailed look into the domain of leveraged buyouts. The private equity industry has witnessed dramatic growth in the last two decades. Investing in them requires good investing knowledge. That is why Paul Pignataro has created Leveraged Buyouts + Website: A Practical Guide to Investment Banking and Private Equity. Engaging and informative, this book skillfully shows how to identify a private company, takes you through the analysis behind bringing such an investment to profitability. It earns a rightful place on our best private equity books to read.
Songs of Profit, Songs of Loss: Private Equity, Wealth, and Inequality – Daniel Scott Souleles
American capitalism has been pretty much shaped through private equity investors since the 80s. This great book on private equity covers topics ranging from outsourcing to excessive debt taking. It also talks about how private equity investment helped normalize once-taboo business strategies while growing into an over $3 trillion industry that controls so many companies and employees.
The Masters of Private Equity and Venture Capital – Robert Finkel
This comes in next on our list of the best books on private equity. It is all about putting across the content appropriately. This book involves a lot of learning, which is a very vital part of private equity. Besides the learning and knowledge, the author has researched a lot with the help of private equity experts and has filled this book with colorful stories of success and failures on subjects that interest high-value investors. This book is full of experiences as the author has penned down interviews of private equity experts. It provides great insight into the world of private equities.
Private Capital Volume I – Funds – Prof Eli Talmor, Prof Florin Vasvari
One of the best private equity books for you to read, it deals with the growth of private capital. Over the years, it has flourished at an astounding pace. This has led to an unprecedented increase in the capital allocation by institutional investors and family offices around the world. It has also ballooned into the expansion of other types of assets such as infrastructure, real estate and private credit, and has led to its rebranding a private capital.
Private Equity as an Asset Class – Guy Fraser-Sampson
This great book on private equity is often unfairly reviled, and much misunderstood, private equity differs from all other asset classes in various important respects, not least the way in which its fund mechanisms operate, and the way in which its returns are recorded and analysed. Sadly, high level asset allocation decisions are frequently made on the basis of prejudice and misinformation, rather than a proper appreciation of the facts.
Lessons from Private Equity Any Company Can Use – Orit Gadiesh and Hugh Macarthur
This occupies the next spot in our best private equity books list. The author has covered many different private equity firms, and the five disciplines they need to have and retain in order to make the equity perform better than the traditional registered public equity. The reason why private equity firms perform better than the others has been a mystery for people who are not a part of the deals and the industry in total. This book does a great job of elaborating and justifying that.
King of Capital – The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone – David Carey and John E. Morris.
The next best private equity book covers a number of untold stories of tiny firms that started as nothing more than gamblers in the private equity market. They went on to convert themselves into big corporations that are a safety gate for investors who want to take a minimal risk with their investments. The book narrates the story of one such firm, Blackstone, a major corporation that had its existence challenged by the global market and the impact of Wall Street competition.
Private Equity Operational Due Diligence: Tools to Evaluate Liquidity, Valuation, and Documentation – Jason A. Scharfman
A rare book that covers not just the two industries competing for investments, it also covers and gives the investors technical tools to analyze documentation, operations expenses and risks involved, links to laws and regulations references along with living case study examples. It’s a combination of comparison, techniques, and case studies, which is rare and unique in its form. All of these traits make it one of the best private equity books for you to read.
Private Equity and Venture Capital in Europe: Markets, Techniques, and Deals – Stefano Caselli, Giulia Negri
Global financial markets have started resembling each other a lot more than they did before. However, a lot of peculiar aspects qualify different markets with different levels of development. Private equity investors have the opportunity to take advantage of such variations. This great private equity book is structured to provide a taxonomy of the business. Private Equity and Venture Capital in Europe, Second Edition, introduces private equity and venture capital markets while presenting new information about the core of private equity: secondary markets, private debt, PPP within private equity, crowdfunding, venture philanthropy, impact investing, and more.
Private Equity Fund Investments: New Insights on Alignment of Interests, Governance, Returns and Forecasting – Cyril Demaria
This concludes our list of the best private equity books for you to read. It presents new, advanced, evidence-based guidance on investing in private equity funds: first by assessing the investor’s environment and motivations, then by looking into the risks, returns and the overall fund performance. This great book also provides great pragmatic solutions to the illiquidity problem.
So those were some of the best private equity books for you to read. These are highly recommended for anyone interested in the field. So pick one up today.