Skip to main content

Main menu

  • Home
  • Latest Articles
  • Past Issues
  • About PA
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • Collections
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Request a Demo
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
Practical Applications
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • Collections
  • Sample our Content
  • Request a Demo
  • Log in
Practical Applications

Practical Applications

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Latest Articles
  • Past Issues
  • About PA
  • LinkedIn
  • Twitter

Practical Applications of LBO and VC Investments in Recent Crises

Marcel Stark and Rainer Lauterbach
Practical Applications 9 (2) DOI: https://doi.org/10.3905/pa.9.2.446
Marcel Stark
is an analyst at Livingstone Partners GmbH in Düsseldorf, Germany
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
Rainer Lauterbach
is a professor at ISM International School of Management in Frankfurt, Germany
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Report
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.

Don’t have access? Click here to request a demo 
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600

Abstract

In LBO and VC Investments in Recent Crises, published in the Spring 2021 issue of The Journal of Alternative Investments, Marcel Stark (Livingstone Partners) and Rainer Lauterbach (ISM International School of Management) investigate reasons for the outperformance of private equity (PE) funds relative to public equity. They examine leveraged buyout (LBO) and venture capital (VC) deals and deal flow to industry sectors over time. The authors focus on the dot-com crisis from 2000 to 2002 and the financial crisis from 2007 to 2009. To determine which industries may be relatively resilient to market downturns, they rank the performance of 12 industry sectors over the period studied and during the two crises. Their evidence suggests that some LBO firms and VC firms change their industry focus during crises in a manner that partially explains their outperformance relative to public equity funds.

TOPICS: Private equity, financial crises and financial market history, performance measurement

  • © 2020 Pageant Media Ltd
View Full Text

Don’t have access? Click here to request a demo

Alternatively, Call a member of the team to discuss membership options

US and Overseas: +1 646-931-9045

UK: 0207 139 1600

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

Practical Applications
Vol. 9, Issue 2
31 Oct 2021
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on Practical Applications.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Practical Applications of LBO and VC Investments in Recent Crises
(Your Name) has sent you a message from Practical Applications
(Your Name) thought you would like to see the Practical Applications web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Practical Applications of LBO and VC Investments in Recent Crises
Marcel Stark, Rainer Lauterbach
Practical Applications Oct 2021, 9 (2) DOI: 10.3905/pa.9.2.446

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Practical Applications of LBO and VC Investments in Recent Crises
Marcel Stark, Rainer Lauterbach
Practical Applications Oct 2021, 9 (2) DOI: 10.3905/pa.9.2.446
del.icio.us logo Digg logo Reddit logo Twitter logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • Overview
    • Practical Applications
    • Key Definitions
    • Discussion
    • TWO CRISES
    • LBO–VC DEAL SPLIT
    • SECTOR CRISIS RESILIENCY
    • NUMBER OF DEALS ACROSS INDUSTRIES OVER TIME
    • DEAL FLOW ACROSS INDUSTRIES OVER TIME
    • Marcel Stark
    • Rainer Lauterbach
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
iprjournals@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2022 Pageant Media Ltd | All Rights Reserved | ISSN Print: 2329-0196 | E-ISSN: 2329-020X

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy