"We develop a new GMM-style methodology with good small-sample properties to assess the abnormal performance and risk … sample is small. Larger funds have higher returns due to higher risk exposures and not higher alphas. We also find that Net …

For years, research has been conducted to correctly model and predict the risk and return structures of Private Equity … (PE) funds. Although past research has revealed valuable insight into the features of those funds, most risk and return … this paper is to develop a methodology to correctly determine the risk and return profiles of Private Equity funds given …

This chapter is both a primer on estimation methods for assessing risk and return in private equity and a survey of the … risk and return properties of the small segment of publicly traded vehicles is also considered. The chapter concludes with …

manager's taxable wealth is publicly available. Consistent with the model, portfolio company risk decreases and leverage …