Investors have been increasing their allocations to private assets, seeking higher returns
and better portfolio diversification. However, as this allocation increases, the liquidity …

Keeping strategic allocations at target level to maintain high exposure to private equity is a
complex but essential task for investors who need to balance against the risk of default …

Undrawn commitments are a critical characteristic of investments in largely illiquid limited
partnership funds. They are the “dry powder” of cash reserves that fund managers have …

Achieving and maintaining high allocations to Private Equity and keeping allocations at the
targeted level through recommitment strategies is a complex task which needs to be …

In this article, the authors define a comprehensive, rigorous and intuitive portfolio
construction framework that accounts for the key aspects of private equity investing in multi …

The growing trend of sovereign wealth and pension funds to allocate more toward private
investments has made the management of asset allocation more complex. Traditional …

A key issue all investors must deal with in order to efficiently allocate their assets to private
markets is the difficulty to reach and maintain the target exposure assessed by their asset …

Recommitments are essential for limited partner investors to maintain a target exposure to
private equity. However, recommitting to new funds is irrevocable and expose investors to …

This paper explores the issues in the emergence of growth equity as a private class of asset
in a company portfolio. The independent variables investigated will be investment size …