Zwart, G.J. de; Frieser, B.; Dijk, D.J.C. van - Erasmus Research Institute of Management (ERIM), ERIM … - 2007
This paper develops a reinvestment strategy for private equity which aims to keep its portfolio weight equal to a … desired strategic allocation, while taking into account the illiquid nature of private equity. Historical simulations (1980 … region, or management experience. This finding is of great importance for investors, because private equity funds have a …