internal rate of return (IRR)
The S-Curve: Bending the J-Curve in Private Equity
The J-curve narrative in private equity (PE) investments deserves a quiet obsolescence.
Pointless Market Equivalence? If Not the IRR, Why the PME?
The public market equivalent (PME) does not reflect the economic reality of private equity investing.
Myths of Private Equity Performance: Part I
"In private markets, no one can figure out your true performance."