3. What are the four major similarities for private equity transactions?

4. How might a GP be successful in raising a ?rst-time fund without a track record?

5. Why would a corporation, like Intel, want to invest in private equity?

6. Which type of LP might be inclined to increase its private equity investment allocation going forward?

Why?

7. What is the primary role of a fund-of-funds, and what type of investor is likely to invest in one?

8. Why have funds-of-funds received criticism?

9. In the LPA, how are the interests of the LP and GP aligned?

10. What is the purpose of a ?concentration limit??

11. How does the use of leverage vary among the different types of private equity ?rms?

12. Why have larger private equity ?rms (in terms of assets under management) come under scrutiny regarding their management fee structure?

1. Why do investors prefer proprietary deals? Why would an entrepreneur or a seller prefer these deals?

2. How might a sector or geographic focus for a fund be bene?cial in attracting a proprietary deal?

3. What are the key points to include in a pitch to a potential investor?

4. What are the disadvantages and potential risks of an auction process for both the investors and the seller?

How might either party mitigate them?

5. What are the channels for an investor to seek out an investment opportunity?

6. How does an entrepreneur ?nd an investor?

7. Why use only twelve slides in a company presentation?

8. Why might an investor prefer a CEO who had failed in the past?

9. Why would a general partner want to do most of the reference checks himself?

10. What are the three risks that Kaplan and Str? omberg describe? Why would external risks be viewed as reasons to invest more often than reasons not to?

3. What are the four major similarities for private equity transactions? 4. How might a GP be successful in raising a rst-time fund without a track record? 5. Why would a corporation, like Intel, want to invest in private equity? 6. Which type of LP might be inclined to increase its private equity investment allocation going forward? Why? 7. What is the primary role of a fund-of-funds, and what type of investor is likely to invest in one? 8. Why have funds-of-funds received criticism? 9. In the LPA, how are the interests of the LP and GP aligned? 10. What is the purpose of a \"concentration limit\"? 11. How does the use of leverage vary among the different types of private equity rms? 12. Why have larger private equity rms (in terms of assets under management) come under scrutiny regarding their management fee structure? 1. Why do investors prefer proprietary deals? Why would an entrepreneur or a seller prefer these deals? 2. How might a sector or geographic focus for a fund be benecial in attracting a proprietary deal? 3. What are the key points to include in a pitch to a potential investor? 4. What are the disadvantages and potential risks of an auction process for both the investors and the seller? How might either party mitigate them? 5. What are the channels for an investor to seek out an investment opportunity? 6. How does an entrepreneur nd an investor? 7. Why use only twelve slides in a company presentation? 8. Why might an investor prefer a CEO who had failed in the past? 9. Why would a general partner want to do most of the reference checks himself? 10. What are the three risks that Kaplan and Str omberg describe? Why would external risks be viewed as reasons to invest more often than reasons not to