Global Conference 2011
Making the Grade: New Tools for Evaluating PE Strategies and Managers
Wednesday, May 4, 2011 / 11:00 am - 12:15 pm
In the wake of the financial crash, investors need to re-examine the way they evaluate private equity strategies and PE fund managers. As investors increasingly adopt more sophisticated data-driven approaches to measure the risks and return of specific approaches and identify the top PE strategies and managers, they need a new set of tools to differentiate between the true top performers and the managers who cannot duplicate superior results. How does this affect investment behavior and the prospects of different PE strategies? Can PE fund managers hide behind claims of "superior absolute returns" over the life of one or two funds when the data shows that cyclical or market factors could have had a misleading positive impact? How can investors parse out truly superior strategies and great execution from historical data?