Investment Banks, Hedge Funds, and Private Equity. Edition No. 2

Table of Contents

Section One: Investment Banking 1. Overview of Investment Banking 2. Regulation of the Securities Industry 3. Financings 4. Mergers and Acquisitions 5. Trading 6. Asset Management, Wealth Management and Research 7. Credit Rating Agencies, Exchanges and Clearing and Settlement 8. International Banking 9. Convertible Securities and Wall Street Innovation 10. Investment Banking Career Opportunities and Trends

Section Two: Hedge Funds and Private Equity 11. Overview of Hedge Funds 12. Hedge Fund Investment Strategies 13. Shareholder Activism and Impact on Corporations 14. Risk, Regulation and Organizational Structure 15. Hedge Fund Issues and Performance 16. Overview of Private Equity 17. LBO Financial Model 18. Private Equity Impact on Corporations 19. Organization, Compensation, Regulation and Limited Partners 20. Issues and Opportunities

Section Three: Case Studies 21. Investment Banking in 2008 (A): Rise and Fall of the Bear 22. Investment Banking in 2008 (B): A Brave New World 23. Freeport-McMoRan: Financing an Acquisition 24. The Best Deal Gillette Could Get? Procter & Gamble's Acquisition of Gillette 25. A Tale of Two Hedge Funds: Magnetar, Peloton, CDOs, and the 2008 Financial Crisis 26. Kmart, Sears, and ESL: How a Hedge Fund Became One of the World's Largest Retailers 27. McDonald's, Wendy's, and Hedge Funds: Hamburger Hedging? Hedge Fund Activism and Impact on Corporate Governance 28. Porsche, Volkswagen and CSX: Cars, Trains and Derivatives 29. The Toys "R" Us LBO 30. Cerberus and the U.S. Auto Industry

Authors

David P. Stowell Professor of Finance, Kellogg School of Management, Northwestern University, Evanston, IL, USA. David P. Stowell is a professor of finance at Northwestern University's Kellogg School of Management, where he teaches classes that focus on investment banking, hedge funds, private equity and venture capital. He also teaches undergraduate courses on these topics at Northwestern University. Prior to joining Northwestern in 2005, he was managing director at JP Morgan, working in Chicago with responsibility for part of the firm's mid-west investment banking business. In addition, he worked in investment banking at UBS as managing director and co-head of U.S. equity capital markets, and at Goldman Sachs, where he co-managed an equity derivatives business and worked in corporate finance in New York and Tokyo. He was also a managing director at O'Connor Partners, a hedge fund based in Chicago. He graduated from Utah State University with a BA in Economics and from Columbia University's Graduate School of Business with an MBA in Finance. In addition to his current teaching responsibilities, he manages Paradigm Partners, a boutique firm that provides M&A and capital raising services and general advice regarding investment banking, hedge fund, and private equity activities to selected clients.