Selling to Yourself: Continuation Funds in Private Equity
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https://www.nber.org/papers/w34471
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资源简介:
Continuation funds (CFs) are private equity structures in which a manager raises a new fund to purchase assets from their existing fund. This structure has surged in popularity, from five funds in 2018 to 130 in 2024. We use a hand-collected sample of 472 CFs to test a model in which heterogeneous
提供机构:
美国国家经济研究局
创建时间:
2025-11-01



