Adverse selection and the performance of private equity co-investments

Investors increasingly look for private equity managers to provide opportunities for co-investing outside the fund structure, thereby saving fees and carried interest payments. In this paper, we use a large sample of buyout and venture capital co-investments to test how such deals compare with the r...

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Autori principali: Braun, R, Jenkinson, T, Schemmerl, C
Natura: Journal article
Lingua:English
Pubblicazione: Elsevier 2019