Tim currently rents an apartment. He wants to purchase his own home in the next two years. That means he must change what he is willing to spend in other categories in order to have a down payment ready. Which of these could represent the best new values in Tim's budget?
Savings 5%, Clothing 20%
Rent 35%, Food 15%
Gas 5%, Hobbies 18%
Clothing 5%, Savings 10%

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?