Limited Partner Performance and the Maturing of the Private Equity Industry
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We evaluate the performance of limited partners' (LPs) private equity investments over time. Using a sample of 14,380 investments by 1,852 LPs in 1,250 buyout and venture funds started between 1991 and 2006, we find that the superior performance of endowment investors in the 1991-1998 period,
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美国国家经济研究局创建时间：
2013-02-01
