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Growing Pains? Distinguished Lecture Series
Many financial services firms are strongly incentivized to grow assets under management. This is particularly true of private equity firms, where successful firms rarely increase their fees but instead raise larger funds. Tim Jenkinson explores the effect that raising larger and larger funds has on returns, performance persistence and how to measure skill. As private equity cements its place in the mainstream of the financial system, investors face some interesting choices on how to deploy their capital.
https://westernuniversity.zoom.us/j/99724106133
Meeting ID: 997 2410 6133 Passcode: 369911