Private equity persistence slips
Private equity is undergoing a structural change – with persistence and performance waning – but co-investment may not be the panacea, MIT’s Antoinette Schoar discovers.
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Be contrarian
Investors should be contrarian in their private equity allocations because there is a negative relationship between capital flows and returns.
Demystifying private equity
US public pension funds, on average, have around 9.4 per cent allocated to private equity but for many public funds monitoring the firms that manage these investments – including the transparency of underlying investments, fees, performance and benchmarking – as well justifying these investments to boards and stakeholders, takes up more than 10 per cent
FIS MIT 2017