Quadratic hedging strategies for private equity fund payment streams
To better understand the relation between public markets and private equity, we consider quadratic hedging strategies to replicate the typical payment stream pattern associated with private equity funds by traded factors. Our methodology is inspired by the risk-minimization framework developed in fi...
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| Format: | Article |
| Language: | English |
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KeAi Communications Co., Ltd.
2019-09-01
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| Series: | Journal of Finance and Data Science |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405918819300327 |