In financial market, especially primary market, it is very costly and difficult to make a deal due
to discovery difficulty, information asymmetry, lack of trust, complicated trading process and …

Measures of private equity (PE) performance based on cash flows do not account for a
discount‐rate risk premium that is a component of the capital asset pricing model (CAPM) …

This paper studies the risk in fixed-income hedge fund styles. Principal component analysis
is applied to groups of fixed-income hedge funds to extract common sources of risk and …

We provide detailed descriptions, including over 550 mathematical formulas, for over 150
trading strategies across a host of asset classes (and trading styles). This includes stocks …

We give complete algorithms and source code for constructing statistical risk models,
including methods for fixing the number of risk factors. One such method is based on eRank …

Private assets, such as private equity, venture capital, and real estate, have long been a
thorn in the side of asset allocators and chief investment officers. Their lack of liquidity …

Private equity fund managers, pension fund managers, and investment advisers assert that
private equity investments diversify investors' portfolios. We show that cost-based methods …

We propose factor models for the cross-section of daily cryptoasset returns and provide
source code for data downloads, computing risk factors and backtesting them out-of-sample …

We give a complete algorithm and source code for constructing general multifactor risk
models (for equities) via any combination of style factors, principal components (betas) …

Real estate is an important asset class, prevalent in the investment portfolios of both
institutional and private investors. For many institutional investors, real estate is the largest …