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Financing Change - PSIK

Financing ChangePRIVATE EQUITYDEMYSTIFIED An explanatory guideSecond editionJohn Gilligan and Mike WrightFinancing ChangeAn initiative from the ICAEW Corporate Finance FacultyThe first edition of private equity Demystified An Explanatory Guidewas published inAugust 2008, as the first report to be issued under Financing Change , the thoughtleadership programme of the ICAEW Corporate Finance Faculty. The faculty is the world slargest network of professionals involved in corporate finance and counts accountants,lawyers, bankers, other practitioners and people in business among its Changeaims to advance the economic and social contribution of corporatefinance activity by promoting better understanding and the publication of the first edition of private equity Demystifiedthe major economieshave moved from growth to recession, the global banking community has experiencedunprecedented turmoil and distress and we have all come to be familiar with the term credit crunch.

Financing Change An initiative from the ICAEW Corporate Finance Faculty The first edition of Private Equity Demystified –An Explanatory Guidewas published in August 2008, as the first report to be issued under Financing Change, the thought leadership programme of the ICAEW Corporate Finance Faculty.

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