Inside Private Equity: The Professional Investor's Handbook

Good overall primer on the PE industry. Price is not bad, value for the money is there.

This book was written from the perspective of a seasoned, highly experienced LP, giving advice to people new to the LP role regarding how to invest in PE funds. As an employee of a small PE firm, I found it helpful to understand how sophisticated LPs make investment allocation decisions and how they evaluate PE fund performance. Some of the details regarding how to calculate IRR seemed a bit rudimentary, and some of the info regarding how to track investments in multiple PE funds seemed to be geared towards selling the software/services of one of the authors. But it's easy to skip those sections, and the rest of book was so informative and well-written that I think it deserves 5 stars nonetheless (especially in light of the limited amount of high-quality, informative/instructional material written about the PE industry).

If you are looking to a quick and comprehensive intro to PE this is it. I was surprised how easy-to-read yet informative this book is. I have done some IT work with PE firms and wanted a deeper understanding of the terminology, fund management from both the LP and GP perspectives and performance evaluation and the book delivered on all three counts. There is a good amount of detail on cash flow forecasting which was useful in a recent project I was involved in. I have referred back to the book several times and feel it is a valuable addition to my library.

Easy read and very useful to teach and give a deep introduction about the private equity.

Good book for the private equity library.

Great informative read. It provided a in-depth dive into all the aspects of private equity. A solid foundational approach to the arena.

Perfect, no issues to report