Abbreviation for Technology, Media and Telecommunications sectors.

A short company presentation sent to potential investors before a sale or auction.

The issuance of new stock for public sale from a company that has already made its Initial Public Offering (IPO).

A buyout in which the NewCo’s capital structure incorporates a particularly high level of debt, much of which is normally secured against the company’s assets.

The quotation of shares on a recognised stock exchange. See Float

Comprises funds with an IRR equal to or above the upper quartile point.

A document which describes a company’s management, business concept and goals. It is a vital tool for any company seeking any type of investment funding, but is also of great value in clarifying the u [..]

An index based on the stock of the top 100 companies traded on the London Stock Exchange. See index.

An investment that is made to offset the risk of price movements of one security, by taking an opposite position in a different security, hence balancing the risk of the first investment. Examples are [..]

A junk bond is a bond on company debt, which is rated as ‘BB’ or lower, assuming some risk of being repaid by the company. Junk bonds are also known as “High-yield-bonds”. Within the private equity market, junk bonds are related to buyout investments, when bonds of a transactions are rated as ‘BB’ or less. See also High yield bonds