Global Private Equity Performance Series
In most of modern finance, things tend to matter only if they can be measured precisely and frequently. By contrast, …
Oct 01, 2019
The quarterly movements of multiples of US LBO funds and major US stock indexes appear to be significantly positively correlated, and this observation is further amplified during the bullish market periods immediately before the markets contracted. US LBO funds exhibit consistently lower volatility of performance relative to the public market indexes. Fund managers need to see two successive quarters of strong and consistent shifts in public markets to reflect it significantly in their TVPIs. The main philosophy is to adjust portfolio values moderately but in line with the indexes, sometimes catching up with sustained strong movements.
Global Private Equity Performance Series
In most of modern finance, things tend to matter only if they can be measured precisely and frequently. By contrast, …
Oct 01, 2019
AI²: Alternative Investments Meet Artificial Intelligence
The profitability and investment potential into AI is not a contentious topic. But to what extent could AI disrupt and …
Sep 26, 2019
Returns, risks and liquidity of VC Funds in Q1 2019
Active venture capital funds made a very impressive closure of 2018, far exceeding historical averages. These high last-quarter returns remain …
Juil 18, 2019