Tag Archives: valuation

Private Equity Valuation Management During Fundraising 

By | October 24, 2022

In my recent paper, I study whether and how private equity (PE) fund investors (hereafter general partners or GPs) manipulate their fund performance during fundraising periods. Recent studies (i) have found abnormally high PE fund valuations during fundraising periods and (ii) have debated (but have not settled) whether these valuations reflect manipulating the existing funds’… Read More »

Corporate Governance at Play: Between Law and Its Perception

By | June 23, 2021

When firms go through an Initial Public Offering (IPO), their corporate governance changes by becoming more complex to reflect the requirements of a public firm. At the same time, there are many mechanisms at play due to the presence of different categories of owners: insiders vs. outsiders, founders vs. venture capital investors, etc. Therefore, the… Read More »