A Model of Private Equity Fund Compensation
收藏NBER2011-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w17568
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资源简介:
This paper analyzes the economics of the private equity fund compensation. We build a novel model to estimate the expected revenue to fund managers as a function of their investor contracts. In particular, we evaluate the present value of the fair-value test (FVT) carried interest scheme, which is
提供机构:
美国国家经济研究局
创建时间:
2011-11-01



