Advanced search

Found 2 essays matching the above criteria.

1. 1. The Curse of Private Equity: Exploring the Size-Performance Relationship of Private Equity Firms

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Malin Helgesson; Ellinor Wänerfjord; [2018]
   Keywords : Private Equity; IRR; Fund Size; Diseconomies of Scale; Skill;

   Abstract : Research on private equity (PE) fund performance is extensive but incoherent. Numerous US studies conclude that fund size increases have a negative impact on net-of-fees returns. This relationship can be seen as a curse of PE, reflecting the difficulty of employing the committed capital effectively when funds grow. READ MORE

3. 2. Does Size Affect Performance?: A Study of Size-Driven Effects on Performance in Swedish Equity Mutual Funds

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Eric Lindeen; Jani Gros; [2009]
   Keywords : Fund Size; Liquidity Costs; Economies of Scale; Extreme Net Fund Flows; Persistence;

   Abstract : This thesis analyzes the effect of mutual fund size on performance by studying 59 Swedish equity mutual funds over the period July 1998 to June 2008. We argue that size can be seen as a “proxy” for capturing the effects of various factors affecting performance and driven by size. READ MORE