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...
Main Authors: | , , , |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2023
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