VC&PE Week 3 Discussion Questions

“New Insights into Private Equity: Empirical Evidence from More Than 500 Buyouts” by Gruener and Marburger (2022)

In the authors’ sample, what industry saw the most buyouts? Why do you think this is the case?

“New Insights into Private Equity: Empirical Evidence from More Than 500 Buyouts” by Gruener and Marburger (2022)

The authors show in Exhibit 5 that a PE buyout strategy has outperformed broad-based public equity indices (MSCI and S&P 500) since the Great Recession of 2008. However, what other considerations do the authors suggest should be taken into account when comparing PE buyout investment strategies with public equity market performance?  Do these factors make a difference?

“New Insights into Private Equity: Empirical Evidence from More Than 500 Buyouts” by Gruener and Marburger (2022)

It is believed that specialization helps PE funds source, monitor, and improve buyout companies. Is there any evidence that geographical specialization is beneficial in buyouts? Why or why not?

"Association of Private Equity Acquisition of Physician Practices With Changes in Health Care Spending and Utilization" by Singh, et. al. (2022)

Does PE acquisition of physician practices result in higher or lower healthcare and spending utilization?  Why do you think that is?

"Association of Private Equity Acquisition of Physician Practices With Changes in Health Care Spending and Utilization" by Singh, et. al. (2022)

What role does location play in PE acquisitions of healthcare practices?