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The Journal of Alternative Investments

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The Evolution of Private Equity Fund Value

Gregory W. Brown, Wendy Y. Hu and Jian Zhang
The Journal of Alternative Investments Spring 2021, jai.2021.1.121; DOI: https://doi.org/10.3905/jai.2021.1.121
Gregory W. Brown
is a Sarah Graham Kenan Distinguished Professor of Finance at Kenan-Flagler Business School, The University of North Carolina at Chapel Hill, Chapel Hill, NC, USA
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Wendy Y. Hu
is a senior researcher at Burgiss, Hoboken, NJ, USA
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Jian Zhang
is a Partner at Adams Street Partners, Chicago, IL, USA
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Article Information

jai.2021.1.121
DOI 
https://doi.org/10.3905/jai.2021.1.121

Published By 
Pageant Media Ltd
Print ISSN 
1520-3255
Online ISSN 
2168-8435
History 
  • Published online February 11, 2021.

Copyright & Usage 
© 2021 Pageant Media Ltd

Author Information

  1. Gregory W. Brown
    1. is a Sarah Graham Kenan Distinguished Professor of Finance at Kenan-Flagler Business School, The University of North Carolina at Chapel Hill, Chapel Hill, NC, USA. (gregwbrown{at}unc.edu)
  2. Wendy Y. Hu
    1. is a senior researcher at Burgiss, Hoboken, NJ, USA. (whu{at}burgiss.com)
  3. Jian Zhang
    1. is a Partner at Adams Street Partners, Chicago, IL, USA. (hjzhang{at}adamsstreetpartners.com)
  1. To order reprints of this article, please contact David Rowe at d.rowe{at}pageantmedia.com or 646-891-2157.
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The Journal of Alternative Investments: 23 (3)
The Journal of Alternative Investments
Vol. 23, Issue 3
Winter 2021
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The Evolution of Private Equity Fund Value
Gregory W. Brown, Wendy Y. Hu, Jian Zhang
The Journal of Alternative Investments Feb 2021, jai.2021.1.121; DOI: 10.3905/jai.2021.1.121

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The Evolution of Private Equity Fund Value
Gregory W. Brown, Wendy Y. Hu, Jian Zhang
The Journal of Alternative Investments Feb 2021, jai.2021.1.121; DOI: 10.3905/jai.2021.1.121
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  • Article
    • Abstract
    • DATA AND DESCRIPTIVE STATISTICS
    • LIFECYCLE VALUATIONS
    • DETERMINANTS OF FUTURE FUND PERFORMANCE
    • CONCLUSIONS
    • ACKNOWLEDGMENT
    • ENDNOTES
    • REFERENCES
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