Private Equity
Simon Witney provides a groundbreaking overview of effective governance and responsible investment in private equity.
The goal of private equity is to be impervious to the vagaries of the economic cycle and to outside interference.
There is no valid benchmark for the unlisted private equity sector. That needs to change.
PE results can neither be benchmarked reliably nor delivered consistently.
What Enterprising Investor articles most resonated with readers in 2020?
Private equity is not more resilient than other asset classes. Quite the opposite.
What explains the absence of predictability in private equity performance?
"In private markets, no one can figure out your true performance."
The internal rate of return is dead. Long live the IRR.
PE and VC performance-enhancing techniques are not just different, they are precise opposites.