We provide evidence of a significant relation between diversification and performance in the hedge fund industry … performance and diversification across sectors and asset classes. We show that on a risk adjusted basis, hedge funds that … significant positive relation between performance and diversification across sectors. However, diversifying across asset classes …

This paper is the first systematic analysis of the impact of diversification on the performance of private equity funds …. Diversification across countries has no systematic effect on the performance of private equity funds. …. A unique data set allows the exact evaluation of diversification across the dimensions financing stages, industries, and …

This paper is the first systematic analysis of the impact of diversification on the performance of private equity funds …. Diversification across countries has no systematic effect on the performance of private equity funds. …. A unique data set allows the exact evaluation of diversification across the dimensions financing stages, industries, and …

This paper is the first systematic analysis of the impact of diversification on the performance of private equity funds …. Diversification across countries has no systematic effect on the performance of private equity funds. …. A unique data set allows the exact evaluation of diversification across the dimensions financing stages, industries, and …

performance of hedge funds both in the cross-section and over time. We measure uncertainty about volatility of the market …-taking incentives arising from performance-based compensation of hedge funds. …

the performance of hedge funds both in the cross-section and over time. We measure uncertainty via volatility of aggregate …

We develop a new approach for evaluating performance across hedge funds. Our approach allows for performance … decrease in performance with a new model formed with alternative factors that capture variance, correlation, liquidity, betting …