https://www.christoph-jaeckel.com/ My personal blog about finance, valuations, economics, statistics and whatever comes to mind. Distill Sat, 30 Dec 2023 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2023-12-30-code-repository-for-publicly-available-finance-data Repository of R functions and code to obtain publicly available financial data from various sources Data https://www.christoph-jaeckel.com/posts/2023-12-30-code-repository-for-publicly-available-finance-data Sat, 30 Dec 2023 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2023-02-05-the-takahashi-and-alexander-model A brief introduction to the Takahashi and Alexander (TA) model for private equity fund cash flows and how to implement it in R. Private Equity Research R https://www.christoph-jaeckel.com/posts/2023-02-05-the-takahashi-and-alexander-model Sun, 16 Apr 2023 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2022-11-13-the-lbo-value-bridge-revisited Some additional thoughts about the LBO value bridge. Valuation R Private Equity https://www.christoph-jaeckel.com/posts/2022-11-13-the-lbo-value-bridge-revisited Sun, 13 Nov 2022 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2022-09-17-insights-from-burgiss-holdings-data A short review of Brown et al. (2020) with a few intriguing statistics. Private Equity Research Data https://www.christoph-jaeckel.com/posts/2022-09-17-insights-from-burgiss-holdings-data Sun, 18 Sep 2022 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2022-03-27-sector-performance How to use data from Kenneth French and Aswath Damodaran to understand the impact of macroeconomic events on certain sectors. Data Research https://www.christoph-jaeckel.com/posts/2022-03-27-sector-performance Sun, 03 Apr 2022 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-04-24-the-performance-of-private-equity A thorough analysis of the performance of the asset class private equity. Private Equity Data Research https://www.christoph-jaeckel.com/posts/2021-04-24-the-performance-of-private-equity Fri, 18 Feb 2022 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-11-28-value-creation-of-a-private-equity-fund-over-time When does a private equity fund generate most of its value? Private Equity Data Research https://www.christoph-jaeckel.com/posts/2021-11-28-value-creation-of-a-private-equity-fund-over-time Wed, 08 Dec 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-08-29-do-managers-mark-up-more-aggressively If they do, a comparison of the unrealized performance over vintage years might be meaningless. Valuation Private Equity https://www.christoph-jaeckel.com/posts/2021-08-29-do-managers-mark-up-more-aggressively Sat, 25 Sep 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-05-09-closing-process-of-a-secondary-transaction How to get from the base purchase price to the final purchase price. Private Equity https://www.christoph-jaeckel.com/posts/2021-05-09-closing-process-of-a-secondary-transaction Sun, 16 May 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-02-14-how-to-get-to-the-private-equity-target-allocation A simple heuristic to help investors understand how to get to and maintain a target allocation in private equity. In a nutshell: steady state is your friend. Private Equity https://www.christoph-jaeckel.com/posts/2021-02-14-how-to-get-to-the-private-equity-target-allocation Mon, 19 Apr 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-02-28-why-does-private-equity-outperform-public-equity According to recent studies, it's a combination of selection skills and leverage. Private Equity Research https://www.christoph-jaeckel.com/posts/2021-02-28-why-does-private-equity-outperform-public-equity Sun, 28 Feb 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-01-31-the-value-bridge One of the most important valuation tools in private equity. Valuation R Private Equity https://www.christoph-jaeckel.com/posts/2021-01-31-the-value-bridge Sat, 06 Feb 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-01-17-evebitda-valuation-multiple-the-data A closer empirical look at the EV/EBITDA multiple. Valuation Data https://www.christoph-jaeckel.com/posts/2021-01-17-evebitda-valuation-multiple-the-data Mon, 25 Jan 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-01-17-evebitda-valuation-multiple-the-theory How to justify the use of EV/EBITDA valuation multiples with the discounted cash flow model. Valuation https://www.christoph-jaeckel.com/posts/2021-01-17-evebitda-valuation-multiple-the-theory Wed, 20 Jan 2021 00:00:00 +0000 Christoph Jäckel https://www.christoph-jaeckel.com/posts/2021-01-17-automatically-obtaining-data-from-damodarans-website-with-r A quick tutorial on how to obtain data automatically from Damodaran's website with R. R Data https://www.christoph-jaeckel.com/posts/2021-01-17-automatically-obtaining-data-from-damodarans-website-with-r Sun, 17 Jan 2021 00:00:00 +0000