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Private Equity

Andrew Ang

in Asset Management: A Systematic Approach to Factor Investing

Published in print:
2014
Published Online:
August 2014
ISBN:
9780199959327
eISBN:
9780199382323
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199959327.003.0018
Subject:
Economics and Finance, Financial Economics

Private equity (PE) is not an asset class. Performance measurement of PE is hampered because commonly used metrics are not returns and are often manipulated. On the whole, PE does not outperform ... More


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