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Selected Case

published: 24 Jun 2013

In 2011, Carlyle is considering an exit from its investment in the European fashion brand Moncler, in which it holds a minority stake. The case focuses on the complexities of preparing and executing an exit under rapidly changing market conditions taking varied interests and potential outcomes into consideration.

Pedagogical Objectives:
To evaluate various exit options for a PE firm and discuss how optionality and negotiation leverage in a sales process can be created and maintained. To demonstrate how PE firms make decisions under uncertainty and time constraints taking a variety of financial and non-financial factors into account.

Private Equity, Exit, Ipo, Dual Track, Buy-Out, Minority, Carlyle, Moncler, Gpei, Gpei-Case