Does size matter? In US LBO, yes.
This issue of FrontLine makes a comparison of return profiles and cash flow schedules of different types of LBO funds …
In this survey, which to the best of our knowledge, is the largest of its kind ever undertaken, we attempted to distil the core functions of an LP into 10 distinct competency areas. We then provided three possible responses of ascending proficiency.
The report canvases the opinions of 179 limited partners ranging from high net worth individuals to major pension plans and finds that LPs exhibit the highest proficiency levels in areas of private equity allocation and return metrics. At the same time, the competency areas that still have the most room for improvement in performance are negotiation, reporting and position monitoring.
To see the relationship between LPs proficiency levels across various competency areas and the type of LP institutions, their geographical location and size of PE assets under management, take a look at our findings in the report.