PRIVATE EQUITY - CHALLENGE OR A CHANCE?
The purpose of this study is to present the advantages and the opportunities of the private equity funds impact on the Romanian economy, and also identifies the economic disadvantages that can derive from applied strategies. For this reason we can consider private equity as a challenge and a chance at the same time, because beginning with choosing the investment domain, sector, company and the investment strategies the private equity funds can drive to performance for the investee companies, and implicit can have an important impact on the business environment and not in the least to the entire economy.
Private equity funds : business structure and operations
Description: Every year, investors pour billions of dollars into private equity limited partnerships, yet details about the organization and administration of these funds are tough to find. Private Equity Funds: Business Structure and Operations is the first practical guide that gives attorneys, investment professionals, tax practitioners and corporate lawyers the tools and authoritative guidance they need to handle any aspect of a private investment fund. It covers a wide range of important issues, such as: the key economic differences between various types of funds; structuring the private equity fund to meet economic expectations and investment goals; securing maximum tax benefits for the sponsor of the fund; duties of the fund's General Partner and Investment Advisor; the major regulatory issues affecting the private equity fund; and much more. No matter which aspect of private equity funds you deal with, this is a reference book you will want close at hand.
Powers
I propose to show that the concept of 'power' can play a central role in a metaphysical theory appropriate to a realist philosophy of science. To begin I want to describe and contrast two main paradigms of action. Paradigm 1: Descartes' Paradigm. A stationary ball resting on a smooth table is struck by a moving ball. It begins to move and continues moving. The ball which struck the stationary ball continues to move but less quickly. We are strongly tempted to think of this happening as a transaction in which the totality of the effect is due to the originally moving ball, and that the stationary ball contributes nothing to the final situation. The second ball which originally was stationary has no intrinsic power of motion, though it can move. Looking deeper and further into this paradigm, we ask about the first ball, that which was originally moving. Did it possess its motion intrinsically, did it move of itself? By reapplication of the paradigm it can be inferred that the first ball must have received an impetus to motion from something other than itself and that all its motion must have been acquired from sources external to itself. By continual reapplication of the paradigm, it can be concluded that there is no ball, not even a First or Primal Ball which has an intrinsic power of motion. This paradigm while exercising, I believe, a powerful influence over our thought, is not a straight metaphysician's crib from the science of mechanics. In that science, the final state of a system of bodies is a product of two factors, an extrinsic factor which is the various states of motion of the balls before they collide, and an intrinsic factor, which is the inertia or mass of the balls. Inertia is, as it were, a negative power, the power to resist indefinite increments of motion. But this shadowy negative sort of power has little metaphysical excitement about it, and the paradigm is, for those attracted by it, still much as Descartes expressed it. The problem of the origin of motion can be solved either by conceiving of the hand of God setting every piece of matter in motion in the beginning