Although you were not fortunate enough to get chipper's golf resort stock [ticker symbol: chpr] as an ipo, you are still thinking about trying to add some to your portfolio. last week when you mentioned it to your broker, he said that there are plenty of shares trading on but, he wanted to send you the company's financial disclosures provided in the before you finalize your decision.

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?