excerpt from Isabelle Nazare-Aga’s book “The manipulators are among us“. I have been hesitating a long time to publish an article where more than 80% of the content does not come from my pen and I finally decided that my first mission is not to be original but to train. However, almost everything taught does … Leggi tutto
Most entrepreneurs write their business plan as a shopping list and a description of how they intend to build their project. Except for themselves and maybe a few, family, friends and fools who love or admire those entrepreneurs, nobody cares about it. At least not an investor, unless he perceives feasibility itself as an issue. … Leggi tutto
In finance, the private equity secondary market (also often called private equity secondaries secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds. Given the absence of established trading markets for these interests, the transfer of interests in private equity funds as well as hedge funds can … Leggi tutto
In finance, private equity is a type of investment where the investor participates in the ownership of the company contrarily to a creditor or debt owner. It is also an asset class consisting of equity securities in companies that are not publicly traded on a securities exchange. A private equity investment will generally be made … Leggi tutto
The distribution of shares of stock, of bonds or of any other sort of securities can be done in a private or public manner. Everywhere in the world, any distribution of securities is highly regulated by the legal order. This arises from the very nature of the security that incorporates a right or an obligation … Leggi tutto
Securities markets play a crucial role in the financial ecosystem by enabling capital allocation and investment. These markets are broadly categorized into primary and secondary markets. While both markets facilitate the buying and selling of securities, they serve different purposes and involve distinct participants. Understanding their functions, processes, and impact is essential for investors, corporations, … Leggi tutto
In the beginning of our story there was the homo putans (the thinking human being), the first prehistorical human who began to analyze and control his environment, in other words to think. First, he lives alone with his family, assuming alone the daily tasks necessary for his survival. He hunts, builds and maintains his home, … Leggi tutto
The Parley or the pre-contractual stage is a phase preceding the negotiation of a contract. To prepare for the successful conclusion of a contract, two parties can enter into talks in two different ways: either informally informal talks or formally formalized talks. The difference between these two modalities depends on the contract and the co-contracting … Leggi tutto
The offer must be precise and complete, it may be tacit, implied or express and can not be withdrawn before the fixed date or a reasonable period of time. Acceptance is adherence to the precise content of the offer, it may be tacit or Express. Silence, in principle, is not worth accepting. However, silence may … Leggi tutto
Mezzanine Financing or Mezzanine Capital refers to subordinated debt or preferred equity securities that often represent the most junior portion of a company’s capital structure, but that is still senior to the company’s common equity. This form of financing is often used by an issuing company seeking to finance its Initial Public Offering on the stock market and by private equity investors to … Leggi tutto
