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Chancen und Risiken von Niedrigzinsen für die Private Equity Branche in Deutschland

Chancen und Risiken von Niedrigzinsen für die Private Equity Branche in Deutschland

          
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About the Book

Studienarbeit aus dem Jahr 2020 im Fachbereich BWL - Investition und Finanzierung, Note: 1,7, Sprache: Deutsch, Abstract: "Manche Finanzinvestoren verschwenden keinen Gedanken an die Menschen, deren Arbeitsplätze sie vernichten - sie bleiben anonym, haben kein Gesicht, fallen wie Heuschreckenschwärme über Unternehmen her, grasen sie ab und ziehen weiter. Gegen diese Form von Kapitalismus kämpfen wir". Mit dieser Aussage wurde die Heuschrecken-Debatte über die Finanzinvestoren in Deutschland von Franz Müntefering im Jahr 2005 ausgelöst. In seinem Interview mit der Bild-Zeitung kritisierte der damalige SPD-Vorsitzende die Finanzinvestoren darin, dass diese lediglich die Portfoliounternehmen ohne Rücksicht auf Jobverlust kurzfristig ausschöpfen wollen. Finanzinvestoren (auf Englisch "Private Equity", im Folgenden "PE") bezeichnen eine Gruppe von Investoren, die in Eigenkapital an nicht börsennotierten Unternehmen investieren bzw. sich beteiligen. PE stellt somit eine Finanzierungsform für Unternehmen dar. In Deutschland hatte die PE-Branche in der Vergangenheit einen schlechten Ruf erlebt, insbesondere durch die Heuschrecken-Debatte. Franz Müntefering stellte daraufhin nachträglich klar, dass seine Kritik zu "Heuschrecken" nur an eine sehr kleine Gruppe von Private Equity Gesellschaft ("PEG") gerichtet war. In vergangenen Jahren wurde unter Beweis gestellt, dass die PEG keine rein "bösen Heuschrecken" sind, sondern vielmehr auch einen erheblichen Beitrag zum Wachstum in Deutschland leisten. Die Branche befindet sich seit mehreren Jahren in einer Boom-Phase und weiteres Wachstum wird von BlackRock vorausgesagt. Die globale PE-Branche verfügte zum Jahresende 2019 über rund 1,5 Milliarden USD für ihre Investition, was gleichwohl als eine "Kapitalflucht" von Investoren aufgrund der Niedrigzinspolitik sowie des volatilen Aktienmarkts anzusehen ist. Dieser Trend ist in Europa besonders zu beobachten vor dem Hintergrund der offensiven Geldpolitik der europäischen


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Product Details
  • ISBN-13: 9783346575968
  • Publisher: Bod Third Party Titles
  • Publisher Imprint: Grin Verlag
  • Height: 210 mm
  • No of Pages: 42
  • Spine Width: 3 mm
  • Width: 148 mm
  • ISBN-10: 3346575969
  • Publisher Date: 11 Dec 2021
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Weight: 68 gr


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