Repository logo
 
Publication

A comparative analysis of the private equity market : Europe and Portugal

datacite.subject.fosCiências Sociais::Economia e Gestãopt_PT
dc.contributor.advisorReis, Ricardo César Ribeiro Ventura Ferreira
dc.contributor.authorCostanza, Marilena
dc.date.accessioned2017-04-19T10:28:32Z
dc.date.issued2017-03-08
dc.date.submitted2017
dc.description.abstractIn this document, we examine the European and Portuguese Private Equity markets through a descriptive analysis of funds raised, investments and exits. The analysis relies on the data made available through the 2015 Invest Europe Yearbook. The main findings of the analysis are: (1) in Europe, the Private Equity market is concentrated in few countries; (2) the peripheral countries have experienced only a marginal increase in their Private Equity market; (3) in Portugal, the overall Private Equity market is undeveloped compared to other countries; (4) however, in Portugal, Venture Capital investments have experienced a significant development in the last years. We run an exploratory quantitative analysis finding that Private Equity investments: (1) have a positive impact on GDP; (2) whereas they increase the unemployment rate in the short run, they do not affect the long run unemployment rate. Finally, we look at the most recent regulatory initiatives affecting the European Private Equity market. It is clear that these initiatives benefit investors and market stability, but at the same time, they entail high compliance costs, which do not seem to be justified by the systemic risk profile of the sector.pt_PT
dc.identifier.tid201695677
dc.identifier.urihttp://hdl.handle.net/10400.14/22066
dc.language.isoengpt_PT
dc.titleA comparative analysis of the private equity market : Europe and Portugalpt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsrestrictedAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameMestrado em Finanças

Files

Original bundle
Now showing 1 - 2 of 2
No Thumbnail Available
Name:
201695677.pdf
Size:
458.43 KB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
Cover and Abstract_Marilena Costanza.pdf
Size:
32.77 KB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
3.44 KB
Format:
Item-specific license agreed upon to submission
Description: