Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1019844 | Journal of Business Venturing | 2007 | 28 Pages |
Abstract
This paper analyzes the relationship between investors and private equity managers in order to identify the factors that affect the latter's reputation. Since there are no individual references about their past returns in developing private equity markets, the reputation of such players is thought to be linked to their capacity for obtaining new funds. Results provide evidence of the volume of investments recorded in the past, the ratio of portfolio companies to investment manager, the percentage of divestments carried out through initial public offerings and trade sales, the membership of the national private equity association and the size of funds under management as characteristics of the highest importance in raising funds.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Marina Balboa, José Martí,