Syndication of European Buyouts and its Effects on Target‐Firm Performance

  title={Syndication of European Buyouts and its Effects on Target‐Firm Performance},
  author={Nancy Huyghebaert and Randy Priem},
  journal={Corporate Governance \& Finance eJournal},
Using a unique dataset of 859 leveraged buyouts in Europe during the period 1999–2009, the authors' recent study reports that buyout financiers syndicate their transactions to other buyers to achieve benefits that include diversification of different types of target risk, the combination of complementary investor information and skillsets, and an increase in future deal flow. The authors also report that lead financiers structure their syndicates in ways designed to minimize syndication costs… 
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The “Small World” of Private Equity Funds

The authors explore the structure of the network of relationships between 225 private equity firms arranging “club deals” between 2000 and 2017 with different private equity firms. After using the