In this paper, we present novel data from the German-speaking area on 13,422 venture capital investments between 1999 and 2019, and document a novel and yet unexplained contributor to investors' home bias. We propose a new measure of regional identity based on a recent vehicle license plate...

Using a knowledge-based perspective, we examine determinants of outcomes of venture capital investments. We focus on the effects on investment performance of venture capital firms' (VCFs') (1) specialization in terms of industry and development stage and (2) involvement in investment syndicates....

We propose a novel multi-period trading model that allows portfolio managers to perform optimal portfolio allocation while incorporating their interpretable investment views. This model’s significant advantage is its intuitive and reactive design that incorporates the latest asset return...