Assessing the performance of private equity investments

Data
2014-08-26
Orientador(res)
Fernandes, Marcelo
Título da Revista
ISSN da Revista
Título de Volume
Resumo

This study presents an alternative investment projection model to estimate the future values of Private Equity (PE) investments. The performance of PE investments is assessed by analyzing the risk-return relationship relative to simulated Public Market (PM) investments that mimic the cash flow patterns of PE investments. The model allows for a quantified analysis of the underlying inputs that outline the PE performance and risks, and accounts for survivorship bias. These inputs include the fund manager’s decisions regarding the selection, leverage, size, duration and timing of investment and divestments.


Descrição
Área do Conhecimento