Ben Waber reviewed Mastering Private Equity by Claudia Zeisberger
An Excellent, Thorough Introduction to Private Equity Processes
5 stars
This is a great, process-focused examination of nearly every face of the Private Equity industry, from fund raising to fund wind down. Importantly, there's also time spent on topics from an LP perspective, as well as common issues that can occur throughout a fund's lifecycle. This is very much a book about what PE is, not necessarily how to do it well or the quantitative performance of the industry overall. There's some coverage here, but the chapters on portco operations are extremely simplistic, and there is little examination of the magnitude of different problems that may arise. That being said, as a one stop entry to the field, you'd be hard pressed to do better. Highly recommend
This is a great, process-focused examination of nearly every face of the Private Equity industry, from fund raising to fund wind down. Importantly, there's also time spent on topics from an LP perspective, as well as common issues that can occur throughout a fund's lifecycle. This is very much a book about what PE is, not necessarily how to do it well or the quantitative performance of the industry overall. There's some coverage here, but the chapters on portco operations are extremely simplistic, and there is little examination of the magnitude of different problems that may arise. That being said, as a one stop entry to the field, you'd be hard pressed to do better. Highly recommend