Private equity (PE) investors generally seek protection from dilution by other investors in later rounds. Anti-dilution protection is separate from the preferential subscription rights, which give priority to existing shareholders to subscribe for new shares in proportion to their interest in the company. Anti-dilution provisions retroactively reduce the price per share paid by the PE […]
21/04/2008
Typically, venture capital (‘VC’™) investors expect to obtain an exit within a 3-7 year period and aim to receive a minimum return on their investments. Rights and mechanisms designed to allow the VC firms to
22/02/2008
Private equity (PE) investments will typically confer on the investor certain special rights to control in a certain way how transfers of shares in the target company may/will occur. The primary purpose of such
08/01/2008
The due diligence process can be defined as the means by which an investor undertakes the relevant investigation and evaluates an investment opportunity before committing funds, including, inter alia, the gathering of data, the analysis