Balancing liquidity, growth and control -- Managing patient capital and shareholder liquidity -- Managing the cost of patient capital -- The role of family governance in family effect -- Keeping, selling, or expanding the family business -- Internal financial solutions : meeting shareholders :...

Since private equity investments are not publicly traded, a key issue in measuring investment risks of institutional private equity investors arises from a careful measurement of investment returns in the first place. Prices of private equity investments are typically observed at low frequency...