Returns, risks and liquidity of LBO Funds in Q4 2019
Throughout 2019, performance and risk have jointly stabilized at levels set in 2017, while selection risk has also stabilized at …
Capital commitments have continued strongly since the Brexit vote in mid-2016, with deployment becoming more stable from 2016 onwards, compared with the trend seen over the previous three years. A “wait and see” approach has then led to a significant decrease in RVPIs over the last three years.
The actual Brexit will lead to further disruptions. Will this trigger a wave of new investments? Once the outcome of the negotiations is known, it seems likely that British fund managers will capitalize on this expected major economic disruption.