We investigate how industry and stage specialization of Private Equity (PE) firms affect the likelihood to exit investments by means of trade sales, Initial Public Offerings (IPOs), or Secondary Buyouts (SBOs). Our empirical analysis relies on competing risks models. Using a sample of 818...

This paper represents numerical illustration with real data from three major continental regions Asia, Africa, and South America (Latin America & Caribbean). The financial and social data was obtained legally for each institution from the above regions and the aim is to examine the efficiencies...