RT Journal Article
SR Electronic
T1 Beyond M&A and IPOs
JF The Journal of Private Equity
FD Institutional Investor Journals
SP 41
OP 55
DO 10.3905/jpe.2005.516846
VO 8
IS 3
A1 Amit Sinha
A1 William Gonzalez
A1 Jannike Aase
YR 2005
UL https://pm-research.com/content/8/3/41.abstract
AB Exiting an investment well is the basis for generation of superior returns to the venture capital or leveraged buy-out portfolio investment.This is the first time that the value of an illiquid private investment is “marked-to-market.” But the public markets for a conventional IPO have been tough to enter in the last several years. This article discusses two alternate ways to enter the public markets: the reverse merger and the direct public offering.