Choosing the best Private Equity fund - An analysis of the influence of fund specific characteristics on future returns
By using the Private Equity Intelligence Ltd database, including more than 3300 private equity funds with IRR data and several fund characteristics, I develop a regression model based on both continuously scaled explanatory variables - vintage year, fund size and market returns - as well as three sets of dummy variables - GP location (US or Non-US), fund type (7 different types) and market conditi
