How much for a haircut? Illiquidity, secondary markets, and the value of private equity

Author:

Bollen Nicolas P. B.1,Sensoy Berk A.1

Affiliation:

1. The Owen Graduate School of Management Vanderbilt University Nashville Tennessee USA

Publisher

Wiley

Subject

Economics and Econometrics,Finance,Accounting

Reference42 articles.

1. Locked Up by a Lockup: Valuing Liquidity as a Real Option

2. Asset pricing with liquidity risk

3. Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

4. Axelson U. Sorensen M. &Stromberg P.(2014).Alpha and beta of buyout deals: A jump CAPM for long‐term illiquid investments. Working paper.

5. Interim fund performance and fundraising in private equity

Cited by 5 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Capital Commitment;The Journal of Finance;2024-08-27

2. Uncovering the Public and Private Components of Private Debt Returns;SSRN Electronic Journal;2023

3. Why do Private Equity Firms Co-invest With Their Limited Partners?;SSRN Electronic Journal;2023

4. Private Equity Secondary Markets;The Palgrave Encyclopedia of Private Equity;2023

5. A Theory of Liquidity in Private Equity;Management Science;2022-12-15

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