SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
The Public Market Equivalent and Private Equity Performance
16 references·16 citing·44 second hopsampled
The Public Market Equivalent and Private Equity Performance (2015)The Public Market Equivalent and Private …Cyclicality, performance measurement, and cash flow liquidity in private equity (2016)Cyclicality, performance meas…Private Equity Performance: What Do We Know? (2014)Private Equity Performance: W…Private Equity Performance: What Do We Know? (2012)Private Equity Performance: W…The Performance of Private Equity Funds (2008)The Performance of Private Eq…Private Equity Performance: Returns, Persistence, and Capital Flows (2005)Private Equity Performance: R…The cash flow, return and risk characteristics of private equity (2003)The cash flow, return and ris…A contingent claim approach to performance evaluation (1994)A contingent claim approach t…A New Approach to International Arbitrage Pricing (1993)A New Approach to Internation…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Substitution, Risk Aversion, …The Role of Conditioning Information in Deducing Testable Restrictions Implied by Dynamic Asset Pricing Models (1987)The Role of Conditioning Info…Assessing the Market Training Performance of Managed Portfolios (1986)Assessing the Market Training…Mean-Variance Theory in Complete Markets (1982)Mean-Variance Theory in Compl…Temporal Resolution of Uncertainty and Dynamic Choice Theory (1978)Temporal Resolution of Uncert…The Strong Case for the Generalized Logarithmic Utility Model as the Premier Model of Financial Markets (1976)The Strong Case for the Gener…THE STRONG CASE FOR THE GENERALIZED LOGARITHMIC UTILITY MODEL AS THE PREMIER MODEL OF FINANCIAL MARKETS (1976)THE STRONG CASE FOR THE GENER…The risk and return of impact investing funds (2024)The risk and return of impact…Has persistence persisted in private equity? Evidence from buyout and venture capital funds (2023)Has persistence persisted in …Benchmarking private equity: The direct alpha method (2023)Benchmarking private equity: …Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting (2021)Replicating Private Equity wi…Mapping research in the field of private equity: a bibliometric analysis (2021)Mapping research in the field…Institutional Investors and Infrastructure Investing (2021)Institutional Investors and I…Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds (2020)Has Persistence Persisted in …Can investors time their exposure to private equity? (2020)Can investors time their expo…Risk Adjustment in Private Equity Returns (2019)Risk Adjustment in Private Eq…Financial intermediation in private equity: How well do funds of funds perform? (2018)Financial intermediation in p…Are U.S. Companies Too Short‐Term Oriented? Some Thoughts (2018)Are U.S. Companies Too Short‐…Cross-border venture capital investments: The impact of foreignness on returns (2017)Cross-border venture capital …Real Estate Returns by Strategy: Have Value‐Added and Opportunistic Funds Pulled Their Weight? (2016)Real Estate Returns by Strate…Adverse Selection and the Performance of Private Equity Co-Investments (2016)Adverse Selection and the Per…A Bottom-Up Approach to the Risk-Adjusted Performance of the Buyout Fund Market (2016)A Bottom-Up Approach to the R…Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds (2013)Has Persistence Persisted in …Asset Prices in an Exchange Economy (1978)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)The Dual Theory of Choice under Risk (1987)Dynamic Asset Pricing Theory. (1993)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Investor Psychology and Asset Pricing (2001)Leveraged Buyouts and Private Equity (2009)The Economics of Private Equity Funds (2010)Do Private Equity Fund Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance (2012)The cost of friendship (2016)Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices (2019)Utility Theory for Decision Making (1971)A Smooth Model of Decision Making under Ambiguity (2005)Expected Stock Returns and Variance Risk Premia (2009)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)INITIAL PUBLIC OFFERINGS (1988)Event Studies in Economics and Finance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)Time-varying conditional covariances in tests of asset pricing models (1989)Distribution-free estimation of some nonlinear panel data models (1999)The conditional CAPM does not explain asset-pricing anomalies☆ (2006)Principles of Corporate Finance. (1981)Industry costs of equity (1997)The venture capital cycle (1999)Share restrictions and asset pricing: Evidence from the hedge fund industry☆ (2006)Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle (2007)A Survey of Venture Capital Research (2011)Venture Capital and the Professionalization of Start‐Up Firms: Empirical Evidence (2002)Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization (2004)The Financing of R&D and Innovation (2010)Mutual Fund Performance: An Empirical Decomposition into Stock‐Picking Talent, Style, Transactions Costs, and Expenses (2000)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)Corporate Governance and Value Creation: Evidence from Private Equity (2012)Editor's Choice The Importance of Trust for Investment: Evidence from Venture Capital (2016)What do private equity firms say they do? (2016)Impact investing (2020)Portfolio Performance Measurement: Theory and Applications (1996)Evaluating Mutual Fund Performance (2001)Do Market Timing Hedge Funds Time the Market? (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 2005Private Equity Performance: Returns, Persistence, and Capital Flows1,951 cited
  • 1978Temporal Resolution of Uncertainty and Dynamic Choice Theory1,822 cited
  • 1987The Role of Conditioning Information in Deducing Testable Restrictions Implied by Dynamic Asset Pricing Models980 cited
  • 2014Private Equity Performance: What Do We Know?594 cited
  • 2008The Performance of Private Equity Funds556 cited
  • 2003The cash flow, return and risk characteristics of private equity412 cited
  • 1986Assessing the Market Training Performance of Managed Portfolios356 cited
  • 2012Private Equity Performance: What Do We Know?307 cited
  • 1982Mean-Variance Theory in Complete Markets256 cited
  • 1994A contingent claim approach to performance evaluation255 cited
  • 1976THE STRONG CASE FOR THE GENERALIZED LOGARITHMIC UTILITY MODEL AS THE PREMIER MODEL OF FINANCIAL MARKETS212 cited
  • 2016Cyclicality, performance measurement, and cash flow liquidity in private equity208 cited
  • 1976The Strong Case for the Generalized Logarithmic Utility Model as the Premier Model of Financial Markets

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

193 cited
  • 1993A New Approach to International Arbitrage Pricing182 cited
  • Cited by

    • 2016A Bottom-Up Approach to the Risk-Adjusted Performance of the Buyout Fund Market87 cited
    • 2020Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds87 cited
    • 2021Institutional Investors and Infrastructure Investing83 cited
    • 2017Cross-border venture capital investments: The impact of foreignness on returns77 cited
    • 2023Has persistence persisted in private equity? Evidence from buyout and venture capital funds75 cited
    • 2016Adverse Selection and the Performance of Private Equity Co-Investments73 cited
    • 2013Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds67 cited
    • 2021Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting62 cited
    • 2024The risk and return of impact investing funds61 cited
    • 2019Risk Adjustment in Private Equity Returns59 cited
    • 2018Financial intermediation in private equity: How well do funds of funds perform?54 cited
    • 2020Can investors time their exposure to private equity?48 cited
    • 2016Real Estate Returns by Strategy: Have Value‐Added and Opportunistic Funds Pulled Their Weight?46 cited
    • 2018Are U.S. Companies Too Short‐Term Oriented? Some Thoughts29 cited
    • 2023Benchmarking private equity: The direct alpha method27 cited
    • 2021Mapping research in the field of private equity: a bibliometric analysis26 cited