Valuing Private Equity
收藏NBER2013-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19612
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资源简介：
We investigate whether the performance of Private Equity (PE) investments is sufficient to compensate investors (LPs) for risk, long-term illiquidity, management and incentive fees charged by the general partner (GP). We analyze the LP's portfolio-choice problem and find that management fees,
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美国国家经济研究局创建时间：
2013-11-01
