Model and Empirical Research on Private Equity Investment Performance
Authors
Zhu Bin, Wang Yuanyuan, Meng Yixiao
Corresponding Author
Zhu Bin
Available Online September 2015.
- DOI
- 10.2991/iemb-15.2015.188How to use a DOI?
- Keywords
- private equity; investment performance; public market equivalent
- Abstract
As a modern investment and financing methods, whether for investors or fund managers, the good performance of private equity is very important. This paper choses empirical research methods, private equity funds exiting cases between 2003-2013for the data base, the Public Market Equivalent (PME) as a representative of the private equity performance indicators. Regression model was constructed to study the effect to the PME by the amount of investment, the investment of time and the internal rate of return. Descriptive model was constructed to study the effect to the investment return and book return by the exit way and the industry type.
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zhu Bin AU - Wang Yuanyuan AU - Meng Yixiao PY - 2015/09 DA - 2015/09 TI - Model and Empirical Research on Private Equity Investment Performance BT - Proceedings of the 2015 Conference on Informatization in Education, Management and Business PB - Atlantis Press SP - 912 EP - 917 SN - 2352-5398 UR - https://doi.org/10.2991/iemb-15.2015.188 DO - 10.2991/iemb-15.2015.188 ID - Bin2015/09 ER -