Can investors time their exposure to private equity?
Private equity performance, both for buyouts and venture capital, has been highly cyclical: periods of high fundraising have been followed by periods of low performance. Despite this seemingly predictable variation, we find modest gains, at best, to pursuing realistic, investable strategies that tim...
Main Authors: | , , , , , |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2020
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