PT  - JOURNAL ARTICLE
AU  - Slavcho Parushev
TI  - Putting Private Equity Scorecard Approach (PESA™) to Work
AID  - 10.3905/jpe.2018.21.4.059
DP  - 2018 Aug 31
TA  - The Journal of Private Equity
PG  - 59--68
VI  - 21
IP  - 4
4099  - https://pm-research.com/content/21/4/59.short
4100  - https://pm-research.com/content/21/4/59.full
AB  - The theoretical model of Private Equity Scorecard Approach (PESA™), introduced an article in the Spring 2018 issue of The Journal of Private Equity (“Private Equity Scorecard Approach: Quality versus Myth”), develops a methodology to value a company based on its quantitative and qualitative indicators. As pointed out in the article, however, any model would only exist in theoretical boundaries, unless applied in practice. In this article, the author discusses the specific characteristics of the internal processes and organizational structure of a private equity fund that uses the PESA™ methodology in its modus operandi. The author provides practical examples of the fund’s approach to investments as well as the necessary information environment in which the fund operates. TOPICS: Private equity, fundamental equity analysis, equity portfolio management, performance measurement