Unlocking Wealth: Navigating Risks in Venture Capital and Private Equity
The article discusses how to manage a portfolio of venture capital and private equity funds. It covers topics like the private equity landscape, economics of private equity funds, and managing under uncertainty. The researchers explore valuation guidelines, distribution waterfall models, and track record analysis tools. They also discuss grading private equity funds and the concept of co-investing. Key findings include the importance of risk management, understanding fund valuation approaches, and utilizing co-investments for potential rewards.