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> <channel><title>Private Equity BlogPrivate Equity Structuring</title> <atom:link href="http://www.theprivateequiteer.com/category/structuring/feed/" rel="self" type="application/rss+xml" /><link>http://www.theprivateequiteer.com</link> <description>The formulas, tricks and trade secrets of Private Equity</description> <lastBuildDate>Thu, 27 Oct 2011 08:48:48 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.2.1</generator> <item><title>Preferred Stock vs Convertible Notes</title><link>http://www.theprivateequiteer.com/preferred-stock/</link> <comments>http://www.theprivateequiteer.com/preferred-stock/#comments</comments> <pubDate>Thu, 26 May 2011 09:43:28 +0000</pubDate> <dc:creator>Private Equiteer</dc:creator> <category><![CDATA[Dealmaking]]></category> <category><![CDATA[Structuring]]></category> <category><![CDATA[convertible notes]]></category> <category><![CDATA[preferred]]></category> <category><![CDATA[preferred stock]]></category> <category><![CDATA[private equity]]></category> <guid
isPermaLink="false">http://www.theprivateequiteer.com/?p=3990</guid> <description><![CDATA[I hope I&#8217;ve mentioned it before&#8230; private equity is firstly about risk mitigation and secondly about earnings growth. This is why private equity firms rarely invest cash as ordinary equity; they want the extra protection that comes with preference equity. One of the most common points of contention though, is the use of coupons on [...]]]></description> <wfw:commentRss>http://www.theprivateequiteer.com/preferred-stock/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Clawback: Just a Private Equity Ratchet</title><link>http://www.theprivateequiteer.com/equity-clawback/</link> <comments>http://www.theprivateequiteer.com/equity-clawback/#comments</comments> <pubDate>Mon, 23 May 2011 21:39:10 +0000</pubDate> <dc:creator>Private Equiteer</dc:creator> <category><![CDATA[Structuring]]></category> <category><![CDATA[clawback]]></category> <category><![CDATA[performance ratchet]]></category> <category><![CDATA[ratchet]]></category> <guid
isPermaLink="false">http://www.theprivateequiteer.com/?p=3984</guid> <description><![CDATA[An equity ratchet (also known as a clawback) is a tool in private equity and other forms of investment used to close gaps between the perceived value of a business by the buyer and seller. A clawback is also used to align interests. In this way, a clawback is similar to an earn-out. The difference [...]]]></description> <wfw:commentRss>http://www.theprivateequiteer.com/equity-clawback/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Accretion vs Dilution: Analysis in Private Equity</title><link>http://www.theprivateequiteer.com/accretion-dilution/</link> <comments>http://www.theprivateequiteer.com/accretion-dilution/#comments</comments> <pubDate>Thu, 10 Jun 2010 04:39:47 +0000</pubDate> <dc:creator>Private Equiteer</dc:creator> <category><![CDATA[Structuring]]></category> <category><![CDATA[Valuation]]></category> <category><![CDATA[accretion]]></category> <category><![CDATA[dilution]]></category> <guid
isPermaLink="false">http://www.theprivateequiteer.com/?p=3635</guid> <description><![CDATA[The accretion/dilution concept refers to the impact an acquisition has on the buying firm&#8217;s Earnings Per Share (“EPS”). An acquisition is accretive when the combined EPS (known as pro forma EPS) is greater than the buyer&#8217;s standalone EPS. An acquisition is dilutive when pro forma EPS is less than the standalone EPS. For example, suppose [...]]]></description> <wfw:commentRss>http://www.theprivateequiteer.com/accretion-dilution/feed/</wfw:commentRss> <slash:comments>3</slash:comments> </item> </channel> </rss>
