Private Equity Performance: Returns, Persistence and Capital Flows
نویسندگان
چکیده
منابع مشابه
Private Equity Returns: Persistence and Capital Flows
This paper investigates individual fund returns in the private equity industry using a unique data set collected by Venture Economics. We find a large degree of heterogeneity among fund returns. Those returns persist strongly across funds by private equity firms. The returns also improve with firm experience. Better performing funds are more likely to raise follow-on funds and raise larger fund...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2003
ISSN: 1556-5068
DOI: 10.2139/ssrn.473341