Estudo sobre a captação dos fundos de Private Equity e Venture Capital

This study aims to evaluate the factors that might explain the fundraising of Private Equity and Venture Capital funds (PE/VC). Generally, the proposal is to investigate empirically what are the factors that impact on fundraising of PE/VC funds. The sample was composed of 25 countries and a timeline...

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Detalles Bibliográficos
Autor: Dias, Ricardo dos Santos
Tipo de recurso: tesis de maestría
Estado:Versión publicada
Fecha de publicación:2014
País:Brasil
Institución:Universidade Federal do Espírito Santo (UFES)
Repositorio:Repositório Institucional da Universidade Federal do Espírito Santo (riUfes)
Idioma:portugués
OAI Identifier:oai:repositorio.ufes.br:10/1317
Acceso en línea:http://repositorio.ufes.br/handle/10/1317
Access Level:acceso abierto
Palabra clave:Fundraising
Finanças
Private Equity e Venture Capital
Análise Fatorial
Fundo de investimento
Mercado financeiro
Ciências Contábeis
657
Descripción
Sumario:This study aims to evaluate the factors that might explain the fundraising of Private Equity and Venture Capital funds (PE/VC). Generally, the proposal is to investigate empirically what are the factors that impact on fundraising of PE/VC funds. The sample was composed of 25 countries and a timeline of 6 years (2006-2011). Six factors were identified: Economic Activity, Development of Stock Markets, Corporate Governance, Social-environmental Development, Entrepreneurship and Taxation. I constructed through factor analysis six factors that were composed of 26 variables. Through multiple regression were investigated relationships between fundraising of PE/VC funds and the factors generated. The results showed that despite the significant factors being tested, the uptake of resources is strongly influenced by the level of development of the stock market. The findings become relevant because argue a growing reality in Brazil and the world, since the market for PE/VC solidifies itself as an alternative of fundraising.