As our economy evolves, private equity groups, hedge funds, and investment banks compete and cooperate in different ways. Their recent innovations are reported and analyzed by the 3rd edition of David Stowell’s landmark book, which adds three new cases, significantly revisions of most chapters, and updated figures, tables, and exhibits. It captures the actual work that associates and vice presidents do, providing readers with templates for real transactions. Finally, it provides significantly more content about the ways liquidity is supplied in secondary markets, including an overview of high frequency trading/electronic market making, quantitative trading strategies, and the evolution of cash equities from open outcry pits to fully electronic central limit order books.Includes a new chapter on China to accompany nine heavily updated chaptersIntegrates three new cases with relevant chapters in the book to create real world applications of chapter teachingsEmploys spreadsheet models to enable readers to create analytical frameworks for considering choices, opportunities and risks described in the casesInvestment Banks, Hedge Funds, and Private Equity 3rd Edition is written by David P. Stowell and published by Academic Press. ISBNs for Investment Banks, Hedge Funds, and Private Equity are 9780128047248, 0128047240 and the print ISBNs are 9780128047231, 0128047232.

The dynamic environment of investment banks, hedge funds, and private equity firms comes to life in David Stowell’s introduction to the ways they challenge and sustain each other. Capturing their reshaped business plans in the wake of the 2007-2009 global meltdown, his book reveals their key functions, compensation systems, unique roles in wealth creation and risk management, and epic battles for investor funds and corporate influence. Its combination of perspectives—drawn from his industry and academic backgrounds—delivers insights that illuminate the post-2009 reinvention and acclimation processes. Through a broad view of the ways these financial institutions affect corporations, governments, and individuals, Professor Stowell shows us how and why they will continue to project their power and influence.Emphasizes the needs for capital, sources of capital, and the process of getting capital to those who need it.Integrates into the chapters ten cases about recent transactions, along with case notes and questionsAccompanies cases with spreadsheets for readers to create their own analytical frameworks and consider choices and opportunities.Additional ISBNs9781282540989Investment Banks, Hedge Funds, and Private Equity 2nd Edition is written by Stowell, David and published by Academic Press. ISBNs for Investment Banks, Hedge Funds, and Private Equity are 9780124158207, 9780124046320, 0124046320 and the print ISBNs are 9780124158207, 012415820X. Additional ISBNs include 9781282540989.