Allen Latta's Thoughts on Private Equity, Etc.
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Blog Post Categories
Below are categories of topics covered by my blog and links to specific posts.  What appears below is a small subset of my posts, and so if you don't find the topic you're looking for, either use the Search bar above, or go the the page Allen's Blog and look through the Categories section for an exhaustive list of post categories.
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Jump to a Category:
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Private Equity - Overview Posts

GP and Emerging Manager-Related Posts

​Fund Terms

Fund Performance
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Private Equity / Venture Capital General Posts
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​​Venture Capital Deal Terms

Initial Public Offerings (IPOs)

Mergers & Acquisitions
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Miscellaneous Posts

Private Equity - Overview Posts

​What is Private Equity?
http://www.allenlatta.com/allens-blog/lp-corner-what-is-private-equity

What is the "Private" of Private Equity?
http://www.allenlatta.com/allens-blog/lp-corner-the-private-in-private-equity

Understanding the "Equity" of Private Equity
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-equity-of-private-equity-or-an-introduction-to-common-stock-and-preferred-stock

What is Venture Capital?
http://www.allenlatta.com/allens-blog/what-is-venture-capital-heres-my-definition

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What are Buyouts?
http://www.allenlatta.com/allens-blog/what-are-buyouts-heres-my-definition

Venture Capital vs Growth Equity - A Comparison
http://www.allenlatta.com/allens-blog/venture-capital-vs-growth-equity-a-comparison

Webinar - Private Equity 101: An Overview for New Investors
http://www.allenlatta.com/allens-blog/webinar-private-equity-investing-101-an-overview-for-new-investors

Private Equity Funds-of-Funds: An Overview
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-funds-of-funds-an-overview

​An Overview of Fund Secondaries
http://www.allenlatta.com/allens-blog/lp-corner-an-overview-of-fund-secondaries

What "Vintage Year" Really Means in Private Equity
​http://www.allenlatta.com/allens-blog/what-vintage-year-really-means-in-private-equity

The J-Curve
http://www.allenlatta.com/allens-blog/lp-corner-the-j-curve

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GP and Emerging Manager-Related Posts

​Fundraising Tips for Emerging Managers 
http://www.allenlatta.com/allens-blog/fundraising-tips-for-emerging-managers

Emerging Manager Fund Presentations From an Investor's Perspective
http://www.allenlatta.com/allens-blog/emerging-manager-fund-presentations-from-an-investors-perspective

​Compelling PE Roadshows: The Investor Perspective
http://www.allenlatta.com/allens-blog/compelling-pe-roadshows-the-investor-perspective
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An LP's Advice to GPs on Annual Investor Meetings
​http://www.allenlatta.com/allens-blog/an-lps-advice-to-gps-on-annual-investor-meetings
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​GP Commitment
http://www.allenlatta.com/allens-blog/lp-corner-thoughts-on-gp-commitment

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Fund Terms

​Management Fee
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-management-fee

Management Fee Offsets
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-management-fee-offsets

Carried Interest Overview
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-carried-interest

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Carried Interest - Preferred Return and GP Catchup
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-carried-interest-preferred-return-and-gp-catchup

Should Venture Capital Funds have a Preferred Return Hurdle?
http://www.allenlatta.com/allens-blog/lp-corner-should-venture-capital-funds-have-a-preferred-return-hurdle​

Carried Interest - GP Clawback
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-gp-clawback

​GP Commitment
http://www.allenlatta.com/allens-blog/lp-corner-thoughts-on-gp-commitment

Key Person Clauses
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-key-person-clause
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For Cause Actions
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-for-cause-actions

No Fault Divorce
​http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-no-fault-divorce
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Fund Performance

​Private Equity Fund Performance - An Overview
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-fund-performance-an-overview

Absolute Returns vs Comparative Returns
http://www.allenlatta.com/allens-blog/lp-corner-evaluating-private-equity-fund-performance

Multiples TVPI, DPI and RVPI
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-multiples-tvpi-dpi-and-rvpi

Internal Rate of Return (IRR) Parts 1 and 2
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-internal-rate-of-return-irr-part-one
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-internal-rate-of-return-irr-part-two

The J-Curve
http://www.allenlatta.com/allens-blog/lp-corner-the-j-curve

Gross vs Net Returns
http://www.allenlatta.com/allens-blog/lp-corner-gross-vs-net-returns

Public Market Equivalents (PME)
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-public-market-equivalent-pme
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Some Thoughts on Venture Capital Returns
http://www.allenlatta.com/allens-blog/some-thoughts-on-venture-capital-returns
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Private Equity / Venture Capital General Posts

Some Thoughts for LPs During the COVID-19 Crisis
http://www.allenlatta.com/allens-blog/lp-corner-some-thoughts-for-lps-during-the-covid-19-crisis

The Four Phases in the Life of a Private Equity Fund
http://www.allenlatta.com/allens-blog/lp-corner-the-four-phases-in-the-life-of-a-private-equity-fund

US Private Equity Fund Structure - The Limited Partnership
http://www.allenlatta.com/allens-blog/lp-corner-us-private-equity-fund-structure-the-limited-partnership

On Committed Capital, Called Capital and Uncalled Capital
http://www.allenlatta.com/allens-blog/lp-corner-size-matters-on-committed-capital-called-capital-and-uncalled-capital

Understanding the Capital Call Model and the Impact of Cash Drag
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-capital-call-model-and-the-impact-of-cash-drag

Private Equity Fund Cash Flows from the LP Perspective
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-fund-cash-flows-from-the-lp-perspective

​The Denominator Effect and the Reverse Denominator Effect
http://www.allenlatta.com/allens-blog/lp-corner-the-denominator-effect-and-reverse-denominator-effect
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How VCs Source Deals
http://www.allenlatta.com/allens-blog/lp-corner-how-vcs-source-deals

Thoughts on Listed Private Equity
​http://www.allenlatta.com/allens-blog/thoughts-on-listed-private-equity

​What LPs Need to Know about IPOs
http://www.allenlatta.com/allens-blog/lp-corner-what-lps-need-to-know-about-ipos

​What an LP needs to know about Mergers & Acquisitions
http://www.allenlatta.com/allens-blog/lp-corner-what-an-lp-needs-to-know-about-mergers-and-acquisitions
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Pre-Money and Post-Money Valuation
http://www.allenlatta.com/allens-blog/pre-money-and-post-money-valuation

Dilution: Ownership (Equity) Dilution
http://www.allenlatta.com/allens-blog/dilution-part-one-understanding-ownership-dilution
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Dilution: Value Dilution
http://www.allenlatta.com/allens-blog/dilution-part-two-value-dilution

Rights of First Offer (aka Pre-Emptive Rights)
http://www.allenlatta.com/allens-blog/rights-of-first-offer-aka-pre-emptive-rights-an-overview

Anti-Dilution Provisions
http://www.allenlatta.com/allens-blog/anti-dilution-protection-an-overview

Venture Capital Scandals
http://www.allenlatta.com/allens-blog/venture-capital-scandals
http://www.allenlatta.com/allens-blog/fraud-by-venture-capital-fund-managers

Venture Capital Bubble
http://www.allenlatta.com/allens-blog/are-we-in-a-venture-capital-bubble-more-thoughts
http://www.allenlatta.com/allens-blog/is-venture-capital-in-a-bubble

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Venture Capital Deal Terms

Common Stock and Preferred Stock Introduction
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-equity-of-private-equity-or-an-introduction-to-common-stock-and-preferred-stock

Board Rights and Board Observer Rights
​http://www.allenlatta.com/allens-blog/preferred-stock-financings-board-and-board-observer-rights

Co-Sale Rights (aka Tag-Along or Take-Me-Along Rights)
http://www.allenlatta.com/allens-blog/preferred-stock-financings-co-sale-rights   

Convertible Preferred Stock: Understanding the Conversion Feature
http://www.allenlatta.com/allens-blog/convertible-preferred-stock-understanding-the-conversion-feature

Dilution and Anti-Dilution
http://www.allenlatta.com/allens-blog/dilution-part-one-understanding-ownership-dilution
http://www.allenlatta.com/allens-blog/dilution-part-two-value-dilution
http://www.allenlatta.com/allens-blog/anti-dilution-protection-an-overview

Dividends
http://www.allenlatta.com/allens-blog/preferred-stock-financings-understanding-dividends

Information Rights
http://www.allenlatta.com/allens-blog/preferred-stock-financings-information-rights 

Liquidation Preferences
​http://www.allenlatta.com/allens-blog/preferred-stock-financings-understanding-the-liquidation-preference 

Pre-Money and Post-Money Valuation
http://www.allenlatta.com/allens-blog/pre-money-and-post-money-valuation

Protective Provisions
http://www.allenlatta.com/allens-blog/preferred-stock-financings-protective-provisions 

Registration Rights (see also posts on IPOs below)
http://www.allenlatta.com/allens-blog/preferred-stock-financings-registration-rights-part-1 
http://www.allenlatta.com/allens-blog/preferred-stock-financings-registration-rights-part-2 

Rights of First Offer (aka Pre-Emptive Rights)
http://www.allenlatta.com/allens-blog/rights-of-first-offer-aka-pre-emptive-rights-an-overview

Rights of First Refusal (ROFRs)
http://www.allenlatta.com/allens-blog/rights-of-first-refusal-an-overview
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Initial Public Offerings (IPOs)

IPO 101: An Overview of the Initial Public Offering Process
http://www.allenlatta.com/allens-blog/ipo-101-an-overview-of-the-initial-public-offering-process
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What LPs Need to Know about IPOs
http://www.allenlatta.com/allens-blog/lp-corner-what-lps-need-to-know-about-ipos

IPO 101: The Pros and Cons of Going Public
http://www.allenlatta.com/allens-blog/ipo-101-pros-and-cons-of-going-public

IPO 101: IPO Lockup Periods
http://www.allenlatta.com/allens-blog/ipo-101-ipo-lockup-periods

What is a successful IPO?
http://www.allenlatta.com/allens-blog/what-is-a-successful-ipo-updated

Understanding the Over-Allotment Option, or Green Shoe, in an IPO
http://www.allenlatta.com/allens-blog/understanding-the-over-allotment-option-or-green-shoe-in-an-ipo

Venture Capital Post-IPO Exit Strategies
http://www.allenlatta.com/allens-blog/venture-capital-post-ipo-exit-strategies-an-lps-thoughts

Thoughts on IPOs with Multi-Class Share Structures
http://www.allenlatta.com/allens-blog/thoughts-on-ipos-with-multi-class-share-structures

Some Thoughts on Spotify's Direct Listing
http://www.allenlatta.com/allens-blog/some-thoughts-on-spotifys-direct-listing

Facebook's IPO Deconstructed: What Happened?
http://www.allenlatta.com/allens-blog/facebooks-ipo-deconstructed-what-happened

Zynga's IPO Performance: An Analysis
http://www.allenlatta.com/allens-blog/zyngas-ipo-performance-an-analysis

​Warning Signs for IPOs
http://www.allenlatta.com/allens-blog/warning-signs-for-ipos

Note that there are many more posts related to IPOs.  To find them, use the search function at the top of the page or go to the Allen's Blog page and click on IPO in the Category section..
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Mergers & Acquisitions

What an LP needs to know about Mergers & Acquisitions
http://www.allenlatta.com/allens-blog/lp-corner-what-an-lp-needs-to-know-about-mergers-and-acquisitions

Do Mergers & Acquisitions Create or Destroy Value
​http://www.allenlatta.com/allens-blog/do-mergers-acquisitions-create-or-destroy-value-ny-times-dealbook-article

Why Some Mergers Fail - The Integration Process
http://www.allenlatta.com/allens-blog/why-some-mergers-fail-the-integration-process
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The Rationale Behind Facebook's Acquisition of Instagram

http://www.allenlatta.com/allens-blog/the-rationale-behind-facebooks-acquisition-of-instagram
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Miscellaneous Posts

Market Capitalization v. Fully-Diluted Equity Valuation - The Facebook Example
http://www.allenlatta.com/allens-blog/market-capitalization-v-fully-diluted-equity-valuation-the-facebook-example

Unemployment, Employment and the Participation Rate
​http://www.allenlatta.com/allens-blog/unemployment-employment-and-participation-rate

Unregistered Finders are Not Keepers
http://www.allenlatta.com/allens-blog/unregistered-finders-are-not-keepers

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Copyright © Allen J. Latta.  All rights reserved.
Securities offered through LightPath Capital, Inc., Member FINRA/SIPC.
LightPath Capital, Inc., ​1560 E. Southlake Blvd, Suite 100, Southlake, TX 76092.  Phone: 214-481-7641