Douglas Cumming 
Private Equity 
Fund Types, Risks and Returns, and Regulation

A comprehensive look at the private equity arena

With private equity differing from other asset classes, it
requires a whole new approach for those trained in more traditional
investments such as stocks and bonds. But with the right guidance,
you can gain a firm understanding of everything private equity has
to offer.

This reliable resource provides a comprehensive view of private
equity by describing the current state of research and best
practices in this arena. Issues addressed include the structure of
private equity funds and fundraising, the financial and real
returns of private equity, and the structure of private equity
investments with investees, to name a few.

* Discusses the role of private equity in today’s financial
environment

* Provides international perspectives on private equity

* Details the regulation of private equity markets

Filled with in-depth insights and expert advice, this book will
provide you with a better understanding of private equity
structures and put you in a better position to measure and analyze
their performance.

About the author

Douglas Cumming (Toronto, Canada), B.Com. (Hons.) (Mc Gill), M.A. (Queen’s), J.D. (University of Toronto Faculty of Law), Ph.D. (Toronto), CFA, is an Associate Professor of Finance and Entrepreneurship and the Ontario Research Chair at the Schulich School of Business, York University. Cummings’ work has been presented at the American Finance Association, the Western Finance Association, the European Finance Association, the American Law and Economics Association, the European Law and Economics Association, and other leading international conferences. His recent publications have appeared in numerous journals: American Law and Economics Review, Journal of Business, Journal of Corporate Finance, and Review of Financial Studies. He is coauthor of Venture Capital and Private Equity Contracting: An International Perspective (Elsevier Science Academic Press), and has been reviewed in Canadian Business, the Financial Post, and The New Yorker, among others. He was the recipient of the 2004 Ido Sarnat Award and received the 2008 AIMA Canada-Hillsdale Research Award.? He is a research associate with numerous financial and educational groups, and consults for a variety of governmental and private organizations, most recently has been working with Wilshire Associates.