Has persistence persisted in private equity? Evidence from buyout and venture capital funds

This paper presents new evidence on performance persistence for U.S. private equity (buyout and venture capital) funds. We use high quality cash-flow data from Burgiss's large sample of institutional investors (as of December 2020) which allows us to examine how persistence has changed over mor...

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Bibliographic Details
Main Authors: Harris, RS, Jenkinson, T, Kaplan, SN, Stucke, R
Format: Journal article
Language:English
Published: Elsevier 2023