By all measures, the continuous growth and expansion of the private capital asset class has been steep. The industry has grown over 200 times in a quarter of a century and is estimated to triple further over the next ten years. Once regarded as a small blip at the margin of alternative investments, private equity has become an asset class of its own and moved to the centre stage of capital markets. With its long-term record of successful performance, the private equity investment model has benefited from an unprecedented increase in the capital allocation by pension, endowments, and sovereign wealth funds around the world.
Professor Talmor practices venture capital and is a serial cornerstone investor with multiple exits including co-founding SunRay Renewable Energy which was acquired by SunPower in Europe’s largest venture exits of that year. He serves on the board of directors of international companies, often as the Chairman.
Professor Talmor is frequently invited to deliver keynote speeches to business executives worldwide, testified at the UK Parliament on private equity and advised the UK Prime Minister’s Office.
Professor Talmor was previously on the finance faculty at the University of California (UCLA and Irvine) and the Wharton School (University of Pennsylvania). He holds a Ph.D. from the University of North Carolina at Chapel Hill and a B.Sc. (Cum Laude) from the Technion – Israel Institute of Technology.
Professor Vasvari is actively pursuing research on private equity topics and credit markets and has published over twenty articles in top tier business academic journals. He has been invited to present his research work at major business schools such as Chicago Booth School of Business, Columbia Business School, Insead, Harvard Business School, MIT Sloan School of Management, UCLA Anderson School of Management, Wharton School, and many others. Florin is an investment committee member at Morphosis Capital, a board director of Validus Risk Management and a senior advisor and risk committee member at Blantyre Capital. He teaches Distressed Investing and Financial Restructuring, and Private Equity and Venture Capital.
Professor Vasvari holds a PhD in Management from University of Toronto, Rotman School of Management, an MA in Economics from University of Toronto, Department of Economics and a B.Sc. in Quantitative Economics from the Academy of Economic Studies, Bucharest, Romania.
They are the coauthors of the 2011 International Private Equity by Wiley and Sons. A text and casebook which was broadly regarded as the reference for the private equity industry and was used for case studies and textbook globally in MBA programs.
Available Chinese edition of International Private Equity in Mandarin.
Professors Talmor and Vasvari's first book quickly became a standard reference work on our industry. Their new book expands the breadth of this coverage, reflecting the rapid evolution of the alternative assets sector. By offering cutting-edge perspectives on emerging best practices, it makes itself an indispensable guide to the future of private markets.Jeremy Coller
Founder and Executive Chairman of Coller Capital
If I were to encapsulate in a single place all that I have learned in more than thirty years of international private equity investing, I could not have come close to doing as good a job as Professors Eli Talmor and Florin Vasari have done in their new two-volume book on this subject. For anyone interested in learning about the complications, as well as the potential rewards involved in this type of investing, I highly recommend Private Capital.David M. Rubenstein
Co-Founder and Co-Executive Chairman of The Carlyle Group
Professors Talmor and Vasvari combine academic rigor and real world cutting edge experience to provide an insightful and detailed description of private equity today. This is a most valuable contribution to academia, the industry, and to business in general.Henry R. Kravis
Co-Chairman and Co-CEO, Kohlberg, Kravis Roberts
Professors Talmor and Vasvari provide a rigorous and comprehensive treatment of private equity, including a look at important developments in the private capital market not covered in-depth elsewhere.Stephen A. Schwarzman
Co-Founder, Chairman and CEO of The Blackstone Group
Professor Talmor and Professor Vasvari's book provides a comprehensive analysis and practical guide to the expanding world of private capital. Integrating a review of best business practice with academic insight and rigour, this text is an excellent handbook for anyone interested in this exciting asset class, whether they are a student or an experienced professional."Helen Steers
Head of Europe, Pantheon
