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Cyclicality, performance measurement, and cash flow liquidity in private equity
16 references·16 citing·40 second hopsampled
Cyclicality, performance measurement, and cash flow liquidity in private equity (2016)Cyclicality, performance measurement, and…Private Equity Performance: What Do We Know? (2014)Private Equity Performance: W…Presidential Address: Discount Rates (2011)Presidential Address: Discoun…The Economics of Private Equity Funds (2010)The Economics of Private Equi…Leveraged Buyouts and Private Equity (2009)Leveraged Buyouts and Private…The Performance of Private Equity Funds (2008)The Performance of Private Eq…Market Liquidity and Funding Liquidity (2008)Market Liquidity and Funding …Venture capital investment cycles: The impact of public markets (2007)Venture capital investment cy…Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle (2007)Smart Institutions, Foolish C…Private Equity Performance: Returns, Persistence, and Capital Flows (2005)Private Equity Performance: R…Asset pricing with liquidity risk (2005)Asset pricing with liquidity …The risk and return of venture capital (2004)The risk and return of ventur…The cash flow, return and risk characteristics of private equity (2003)The cash flow, return and ris…Liquidity Risk and Expected Stock Returns (2003)Liquidity Risk and Expected S…Money chasing deals? The impact of fund inflows on private equity valuations (2000)Money chasing deals? The impa…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Business conditions and expected returns on stocks and bonds (1989)Business conditions and expec…Owner Incentives and Performance in Healthcare: Private Equity Investment in Nursing Homes (2023)Owner Incentives and Performa…Has persistence persisted in private equity? Evidence from buyout and venture capital funds (2023)Has persistence persisted in …Valuing Private Equity Investments Strip by Strip (2021)Valuing Private Equity Invest…Institutional Investors and Infrastructure Investing (2021)Institutional Investors and I…The liquidity cost of private equity investments: Evidence from secondary market transactions (2018)The liquidity cost of private…Private equity portfolio company fees (2018)Private equity portfolio comp…Skill and luck in private equity performance (2017)Skill and luck in private equ…Diversification, risk, and returns in venture capital (2017)Diversification, risk, and re…The Public Market Equivalent and Private Equity Performance (2015)The Public Market Equivalent …Private Equity Performance: A Survey (2015)Private Equity Performance: A…On secondary buyouts (2015)On secondary buyoutsGiants at the Gate: Investment Returns and Diseconomies of Scale in Private Equity (2015)Giants at the Gate: Investmen…A theory of LBO activity based on repeated debt-equity conflicts (2015)A theory of LBO activity base…Valuing Private Equity (2014)Valuing Private EquityThe disintermediation of financial markets: Direct investing in private equity (2014)The disintermediation of fina…The Price of Diversifiable Risk in Venture Capital and Private Equity (2013)The Price of Diversifiable Ri…Editor's Choice Digesting Anomalies: An Investment ApproachEfficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Common risk factors in the returns on stocks and bonds (1993)Expectations of Returns and Expected Returns (2014)… and the Cross-Section of Expected Returns (2015)An Intertemporal Capital Asset Pricing Model (1973)The arbitrage theory of capital asset pricing (1976)The relationship between return and market value of common stocks (1981)Industry costs of equity (1997)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 (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)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)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)The Financing of R&D and Innovation (2010)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)Credit Rationing in Markets with Imperfect Information (1981)Bank Runs, Deposit Insurance, and Liquidity (1983)Continuous Auctions and Insider Trading (1985)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Performance Pay and Top-Management Incentives (1990)Higher market valuation of companies with a small board of directors (1996)Ownership as a Form of Corporate Governance (2010)The separation of ownership and control and corporate tax avoidance (2013)The theory and practice of econometrics (1986)Optimal Investment, Monitoring, and the Staging of Venture Capital (1995)The portfolio flows of international investors (2001)Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis (2003)Experienced entrepreneurial founders, organizational capital, and venture capital funding (2007)Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts (2000)Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts (2003)Venture capital reputation and investment performance☆ (2008)Venture Capital, Entrepreneurship, and Economic Growth (2010)Liquidity and leverage (2008)
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References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 2003Liquidity Risk and Expected Stock Returns5,362 cited
  • 2008Market Liquidity and Funding Liquidity5,007 cited
  • 1989Business conditions and expected returns on stocks and bonds3,934 cited
  • 2005Asset pricing with liquidity risk2,816 cited
  • 2011Presidential Address: Discount Rates2,222 cited
  • 2005Private Equity Performance: Returns, Persistence, and Capital Flows1,951 cited
  • 2009Leveraged Buyouts and Private Equity1,036 cited
  • 2004The risk and return of venture capital909 cited
  • 2000Money chasing deals? The impact of fund inflows on private equity valuations876 cited
  • 2010The Economics of Private Equity Funds671 cited
  • 2014Private Equity Performance: What Do We Know?594 cited
  • 2008The Performance of Private Equity Funds556 cited
  • 2007Venture capital investment cycles: The impact of public markets555 cited
  • 2007Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle428 cited
  • 2003The cash flow, return and risk characteristics of private equity

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412 cited

Cited by

  • 2017Skill and luck in private equity performance167 cited
  • 2014Valuing Private Equity165 cited
  • 2015Giants at the Gate: Investment Returns and Diseconomies of Scale in Private Equity163 cited
  • 2014The disintermediation of financial markets: Direct investing in private equity150 cited
  • 2013The Price of Diversifiable Risk in Venture Capital and Private Equity135 cited
  • 2021Valuing Private Equity Investments Strip by Strip106 cited
  • 2015On secondary buyouts105 cited
  • 2018The liquidity cost of private equity investments: Evidence from secondary market transactions105 cited
  • 2023Owner Incentives and Performance in Healthcare: Private Equity Investment in Nursing Homes104 cited
  • 2015The Public Market Equivalent and Private Equity Performance95 cited
  • 2015A theory of LBO activity based on repeated debt-equity conflicts89 cited
  • 2018Private equity portfolio company fees84 cited
  • 2021Institutional Investors and Infrastructure Investing83 cited
  • 2015Private Equity Performance: A Survey83 cited
  • 2017Diversification, risk, and returns in venture capital75 cited
  • 2023Has persistence persisted in private equity? Evidence from buyout and venture capital funds75 cited