Lauterbach, Rainer; Welpe, Isabell; Fertig, Jan - In: Financial Markets and Portfolio Management 21 (2007) 1, pp. 45-67
Recent research has pointed out the need to differentiate between good versus poor performance of venture capital and private equity investments and to analyze the factors that determine the ‘winners’ and ‘losers’ of a fund. This study examines the different contractual and behavioral...