Looking for Best Books on PE Secondaries

Looking for some good books to get a stronger understanding on PE secondaries LP, GP-led, direct, tail-end, distressed). Have found some good papers online but no solid hard cover options.

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Based on the most helpful WSO content, here are some recommended books and resources to deepen your understanding of PE secondaries, including LP, GP-led, direct, tail-end, and distressed strategies:

Books on Distressed Management:

Corporate Turnaround by Donald Bibeault
- This book is highly recommended and forms a significant part of the study material for the Certified Turnaround Professional (CTP) certification.
Buyout by Allen Michel and Israel Shaked
- A solid text covering the basics of buyouts.
Bankruptcy Investing by Ben Branch and Hugh Ray
- Provides a good review of the bankruptcy process and how to track companies for investment through the process.
Leveraged Buyouts; a Practical Introductory Guide to LBO’s by David Pilger
- A practical introductory guide to leveraged buyouts.
Mergers and Acquisitions from A – Z by Andrew Sherman
- The best foundational book on the subject of mergers and acquisitions.
The Mergers and Acquisitions Handbook by Milton Rock
- A collection of academic articles and papers on mergers and acquisitions, offering a wealth of knowledge.
Distressed Investing by Martin Whitman & Fernando Diz
- Follows many Fortune 500 companies through bankruptcy, focusing on public equities, fulcrum securities, bonds, and interesting tranches of debt.
Private Equity at Work by Eileen Appelbaum and Rosemary Batt
- Provides insights into the operations and impacts of private equity firms.

Additional Resources:

An Introduction to Private Equity Secondaries - CAIS
A Liquidity Cushion in Troubled Times: The PE Secondaries Market - INSEAD Knowledge
LP Corner: An Overview of Fund Secondaries - Allen Latta
Navigating Secondaries: A Guide to Changing Currents - Landmark Capital / Ares (White Paper in PDF)

These resources should provide a comprehensive understanding of various aspects of PE secondaries, from foundational knowledge to specific strategies and case studies.

Sources: Books on Distressed Management, Q&A: PE Secondaries Principal, Q&A: PE Secondaries Principal, PE, VC, IBD recommended reading list, Learning recs for secondaries

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Looking for Best Books on PE Secondaries

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Books on Distressed Management:

Additional Resources:

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Looking for Best Books on PE Secondaries

Books on Distressed Management:

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