Assessing the performance of private equity investments

This study presents an alternative investment projection model to estimate the future values of Private Equity (PE) investments. The performance of PE investments is assessed by analyzing the risk-return relationship relative to simulated Public Market (PM) investments that mimic the cash flow patterns of PE investments. The model allows for a quantified analysis of the underlying inputs that outline the PE performance and risks, and accounts for survivorship bias. These inputs include the fund manager’s decisions regarding the selection, leverage, size, duration and timing of investment and divestments.

Back from beyond bid-ask spread: estimating liquidity in international markets

Research on the topic of liquidity has greatly benefited from the improved availability of data. Researchers have addressed questions regarding the factors that influence bid-ask spreads and the relationship between spreads and risk, return and liquidity. Intra-day data have been used to measure the effective spread and researchers have been able to refine the concepts of liquidity to include the price impact of transactions on a trade-by-trade analysis. The growth in the creation of tax-transparent securities has greatly enhanced the visibility of securitized real estate, and has naturally led to the question of whether the increased visibility of real estate has caused market liquidity to change. Although the growth in the public market for securitized real estate has occurred in international markets, it has not been accompanied by universal publication of transaction data. Therefore this paper develops an aggregate daily data-based test for liquidity and applies the test to US data in order to check for consistency with the results of prior intra-day analysis. If the two approaches produce similar results, we can apply the same technique to markets in which less detailed data are available and offer conclusions on the liquidity of a wider set of markets.

Mercado de São Brás e seu entorno: tramas e sentidos de um lugar

Esta dissertação pretende analisar a constituição da história urbana do entorno edificado do Mercado de São Brás, em Belém do Pará, no período de 1950 a 1970, uma construção eclética que remonta ao final do ciclo da borracha na Amazônia e da gestão do Intendente Antonio Lemos. O mercado é um monumento pertencente ao acervo patrimonial do Estado e se encontra em atividade, nos dias atuais. A partir da noção de trama urbana, buscou-se estabelecer relações entre os fatos históricos e arquitetônicos, no sentido de investigar como se processaram ao longo do tempo, resultando num espaço onde a arquitetura contribui para o desenvolvimento das relações sociais e comerciais. Partindo da hipótese de que a proximidade geográfica e a importância econômica de dois equipamentos urbanos, o Mercado de São Brás e a Estação de Ferro Belém-Bragança gerou uma dinâmica que atraiu outras arquiteturas, foi investigada a influência das políticas públicas de modernização e progresso, com reflexos para o surgimento do entorno edificado e relações tipológicas com o mercado. Utilizando a metodologia de estudo de caso com estratégias combinadas entre história interpretativo-qualitativa, o trabalho busca mostrar que as funções intrínsecas às construções cumpriram seu papel e que eventos realizados em seus espaços produziram fenômenos perceptivos no lugar existencial. O mercado público e seu entorno condensam práticas sociais que aliadas a estes fenômenos asseguram sua permanência na cidade, face ao contexto da sociedade contemporânea.

O programa institucional de bolsas de iniciação à docência (PIBID) na formação de professores de matemática: perspectivas de ex-bolsistas

Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq)

Os mercados públicos municipais de São Paulo - SP: as transformações nos espaços de comércio e consumo

Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)

Plantar a cidade

Dissertação para obtenção do grau de Mestre em Arquitectura, apresentada na Universidade de Lisboa - Faculdade de Arquitetura.

Hope, change, and the financial markets: Can Obama's public speeches drive the U.S. Stock Market

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics

Dementia Care Services UK Market Briefing 2009

This brand new market briefing adds to the growing national debate on the future of dementia care services, making use of a unique and extensive L&B survey (2008) of over 6,000 care homes in the UK which provide care for people with dementia. It builds on the findings of the Alzheimer’s Society’s Dementia UK report (2007) and the national strategy for dementia Living Well with Dementia (2009) to identify market opportunities and provide essential guidance and information with regard to planning and developing new and existing services.Key issues, facts and figures highlighted in the report include:Dementia care is a multi-billion pound market in the UK and this market is set to grow considerably.��Dementia care in care homes dominates the sector in terms of current market value.��The use of dementia home care – though significantly smaller than the equivalent market in care homes – is set to rise markedly in the future.A significant proportion of residents for whom dementia is a known cause of admission are receiving care in settings which are not dedicated to dementia care.The new national dementia strategy for England, Living Well with Dementia should provide the strongest impetus yet for growth in the market for specialist dementia care.Growing awareness surrounding inappropriate use of anti-psychotic drugs on people with dementia in care homes may have a major operational impact on some homes if controls are increased and could substantially increase costs.Despite evidence of increasing dementia specialisation, there are, as yet, no organisations to emerge with full service dementia expertise and integrated care pathways.The supply of dedicated dementia services varies dramatically by region and locality, reflecting local and regional priorities and commissioning strategies.The design and layout of care homes for people with dementia is key and there is an increasing consensus around what constitutes best practice and ‘dementia friendly design’ .Care home fees for dementia are generally higher than fees for frail elderly residents.The report is essential reading for senior executives and managers within any organisation committed to, or considering involvement in, the dementia care sector, including for-profit, 'third sector' and public sector agencies.For further information, please contact:��Market ReportsTel.��020 7833 9123 orEmail��info@laingbuisson.co.uk��Download Full Brochure including Order Form��Download Contents and Tables�� Featured item on home page:��no��

Towards equivalent health care of prisoners: European soft law and public health policy in Geneva.

Prisoners have a right to health care and to be protected against inhumane and degrading treatment. Health care personnel and public policy makers play a central role in the protection of these rights and in the pursuit of public health goals. This article examines the legal framework for prison medicine in the canton of Geneva, Switzerland and provides examples of this framework that has shaped prisoners' medical care, including preventive measures. Geneva constitutes an intriguing example of how the Council of Europe standards concerning prison medicine have acquired a legal role in a Swiss canton. Learning how these factors have influenced implementation of prison medicine standards in Geneva may be helpful to public health managers elsewhere and encourage the use of similar strategies.