TY  - JOUR
AU  - Kaplan,Steven N.
AU  - Strömberg,Per
TI  - Leveraged Buyouts and Private Equity 
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 14207
PY  - 2008
Y2  - July 2008
UR  - http://www.nber.org/papers/w14207
L1  - http://www.nber.org/papers/w14207.pdf
N1  - Author contact info:
Steven N. Kaplan
Booth School of Business
The University of Chicago
5807 South Woodlawn Avenue
Chicago, IL 60637
Tel: 773/702-4513
Fax: 773/702-0458
E-Mail: steven.kaplan@chicagobooth.edu

Per Stromberg
Institute for Financial Research (SIFR)
Drottninggatan 89
SE-113 60 Stockholm
Sweden
Tel: +46 8 728-5128
Fax: +46 8 728 5130
E-Mail: per.stromberg@sifr.org
AB  - We describe and present time series evidence on the leveraged buyout / private equity industry, both firms and transactions.  We discuss the existing empirical evidence on the economics of the firms and transactions.  We consider similarities and differences between the recent private equity wave and the wave of the 1980s.  Finally, we speculate on what the evidence implies for the future of private equity.
ER  -