عنوان

Private equity fund investments :

1137400382

9781137400383

dltt

Private equity fund investments :

[Book]

new insights on alignment of interests, governance, returns and forecasting /

Cyril Demaria

xviii, 276 pages :

illustrations ;

24 cm

Global financial markets

Includes bibliographical references (pages 253-264) and index

0. Introduction -- 1. Suboptimal Risk-Return Profiles in Private Equity: the case of minority business enterprises investing -- 2. Fee Levels, Performance and Alignment of Interests in Private Equity -- 3. The Predictive Power of the J-Curve -- 4. General Conclusion

8

"Why invest in private equity funds? Returns are the obvious reason. However, not all investors are looking for the same level, occurrence, and recurrence of returns, or the same level of associated risks. Moreover, fund manager selection itself can lead to a great number of uncertainties, such as fluctuating alignment of interests, evolving macroeconomic conditions, and declining marginal returns. This book presents new, advanced, evidence-based guidance on investing in private equity funds: first by assessing the investor's environment and motivations, then by looking into the risks, returns, and overall performance of funds and finally, by offering practical solutions to the illiquidity conundrum. This book has been developed from extensive, bank-sponsored research, and provides both practical and theoretical insights"--

Investments

Private equity funds

Demaria, Cyril

20160127113516.0

rda

[Book]

Y