Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds
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We present new evidence on the persistence of U.S. private equity (buyout and venture capital) funds using cash-flow data sourced from Burgisss large sample of institutional investors. Previous research, studying largely pre-2000 data, finds strong persistence for both buyout and venture capital (VC
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美国国家经济研究局创建时间:
2020-11-01



