In this paper, we investigate whether fund-specific risk helps explain performance persistence in private equity funds, using detailed deal-level cash flow information at both the fund and deal levels. We further extend existing findings to international evidence on buyout and venture capital...

We examine the impact of climate change risk on the performance of newly listed firms. Using a sample of IPO firms from 2000 to 2020, we find that the volume of firms going public is higher when the climate risk is lower. Similarly, IPOs located in states with more exposure to climate risk are...