FEP-95 Understanding a Private Equity Buyout
CE Hours: 0.75
Description: Goal: provide the audience with a better understanding of what private equity is and how it works within healthcare. We will cover ways to improve equity-holder returns. We will also discuss the implications of a buyout for patient care, your staff, the probability of bankruptcy, and key considerations in deciding to sell your practice.
Learning Objectives:
- Describe how private equity buyouts work.
- Identify who is most likely to win and who is most likely to lose in a buyout.
- Value your practice and focus on a few key points when considering a buyout offer.
Key:
Complete
Next
Failed
Available
Locked
Kevin Kneafsey, PhD
• Joined Wells Fargo in July 2017 as a Senior Investment Strategist in the Multi-Asset Client Solutions team.
• Previously, he was a Senior Adviser with the Multi-Asset Investments team at Schroders and before that he was Head of Research for Blackrock’s Multi-Asset Client Solutions (BMACS) team.
• Kevin joined Wells Fargo Nikko (later Barclays Global Investors BGI) in 1994 and held several senior positions including Chief Strategist, Global Market Strategies Group responsible for Global Ascent, a global macro hedge fund, and active currency mandates. In 2006 Kevin formed a Client Solutions group at BGI which was responsible for liability hedging, optimal beta/risk parity (built and managed the Market Advantage funds) and optimal alpha (managed MuSt, an internal Multi-Strategy hedge fund of funds). While in this role Kevin also became the Head of Research, Client Solutions BlackRock.
• Kevin has a degree in Accounting & Finance from the University of New Mexico and holds a Doctorate in Finance from the University of Arizona. He has taught classes at the University of Arizona and at the University of California Berkeley in the Masters in Financial Engineering Program in the Haas School of Business.
Disclosure(s): No financial relationships to disclose
