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Smart Institutions, Foolish Choices?: The Limited Partner Performance Puzzle
16 references·16 citing·46 second hopsampled
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The impa…An analysis of compensation in the U.S. venture capital partnership (1999)An analysis of compensation i…What Drives Venture Capital Fundraising? (1998)What Drives Venture Capital F…Institutional Investors and Equity Prices (1998)Institutional Investors and E…The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements (1996)The Use of Covenants: An Empi…The Limits of Arbitrage (1995)The Limits of ArbitrageMomentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior (1995)Momentum Investment Strategie…The Structure and Performance of the Money Management Industry (1992)The Structure and Performance…Seventy-Five Years of Investing for Future Generations (2020)Seventy-Five Years of Investi…Has Persistence Persisted in Private Equity? 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References

  • 1995The Limits of Arbitrage5,282 cited
  • 2005Private Equity Performance: Returns, Persistence, and Capital Flows1,951 cited
  • 2001Institutional Investors and Equity Prices1,646 cited
  • 1998Institutional Investors and Equity Prices1,263 cited
  • 2002Equilibrium and welfare in markets with financially constrained arbitrageurs1,196 cited
  • 1995Momentum Investment Strategies, Portfolio Performance, and Herding: A Study of Mutual Fund Behavior1,177 cited
  • 2003Style investing971 cited
  • 2000Money chasing deals? The impact of fund inflows on private equity valuations876 cited
  • 2003Greener Pastures and the Impact of Dynamic Institutional Preferences668 cited
  • 1992The Structure and Performance of the Money Management Industry572 cited
  • 1996The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements459 cited
  • 1999An analysis of compensation in the U.S. venture capital partnership455 cited
  • 1998What Drives Venture Capital Fundraising?433 cited
  • 2002Mutual Fund Survivorship269 cited
  • 2003The illiquidity puzzle: theory and evidence from private equity259 cited

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2011
All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors
194 cited

Cited by

  • 2009The Investment Strategies of Sovereign Wealth Funds97 cited
  • 2020Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds87 cited
  • 2011Private Equity Performance and Liquidity Risk86 cited
  • 2013Estimating Private Equity Returns from Limited Partner Cash Flows84 cited
  • 2011Is Bigger Better? Size and Performance in Pension Plan Management84 cited
  • 2012The Performance of Private Equity80 cited
  • 2013Limited Partner Performance and the Maturing of the Private Equity Industry63 cited
  • 2010Pay for Performance from Future Fund Flows: The Case of Private Equity60 cited
  • 2011Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments58 cited
  • 2017The Return Expectations of Institutional Investors55 cited
  • 2011Private Equity Fund Size, Investment Size, and Value Creation51 cited
  • 2012The Disintermediation of Financial Markets: Direct Investing in Private Equity44 cited
  • 2020Seventy-Five Years of Investing for Future Generations44 cited
  • 2010European Financial Management, forthcoming35 cited
  • 2010The Future of Private Equity34 cited
  • 2017A review and simulation of business angel investment returns33 cited