This article describes compensation contracts in private equity. It shows that they may not align interest between the investors and fund managers as much as commonly thought. Certain clauses appear as potentially hazardous for investors and others exacerbate conflicts of interest
We analyze the relationship between contracts and returns in private equity (PE) investments. Contra...
When a general partner raises capital for a real estate syndication, prospective investors should pr...
This thesis consists of four essays on the design and disclosure of compensation contracts. Essays 1...
This Article examines the unique set of agency costs that arise from the separation of ownership and...
As a step towards understanding whether a private equity governance structure reduces overall agency...
The regulatory structure for financial advice now tolerates incentives motivating financial advisors...
Payment of private equity managers According to some observers, private equity represents a more ad...
This paper analyzes the link between equity-based compensa-tion and created incentives by (1) derivi...
International audienceThis article extends the continuous time framework of the firm developed by Bl...
This Article presents a theory of the corporate governance costs of private equity. In doing so, it ...
The recent global turbulence in the credit markets had a severe impact on all aspects of the private...
Private equity fund agreements have been criticized for failing to protect investors from exploitati...
Delegated Portfolio Management in the Private Equity Industry : Agency Relationship and Covenants of...
Abstract I compare compensation arrangements of firms with private equity and public debt and firms...
While the business model of private equity has remained largely unchanged since the 1980s, private e...
We analyze the relationship between contracts and returns in private equity (PE) investments. Contra...
When a general partner raises capital for a real estate syndication, prospective investors should pr...
This thesis consists of four essays on the design and disclosure of compensation contracts. Essays 1...
This Article examines the unique set of agency costs that arise from the separation of ownership and...
As a step towards understanding whether a private equity governance structure reduces overall agency...
The regulatory structure for financial advice now tolerates incentives motivating financial advisors...
Payment of private equity managers According to some observers, private equity represents a more ad...
This paper analyzes the link between equity-based compensa-tion and created incentives by (1) derivi...
International audienceThis article extends the continuous time framework of the firm developed by Bl...
This Article presents a theory of the corporate governance costs of private equity. In doing so, it ...
The recent global turbulence in the credit markets had a severe impact on all aspects of the private...
Private equity fund agreements have been criticized for failing to protect investors from exploitati...
Delegated Portfolio Management in the Private Equity Industry : Agency Relationship and Covenants of...
Abstract I compare compensation arrangements of firms with private equity and public debt and firms...
While the business model of private equity has remained largely unchanged since the 1980s, private e...
We analyze the relationship between contracts and returns in private equity (PE) investments. Contra...
When a general partner raises capital for a real estate syndication, prospective investors should pr...
This thesis consists of four essays on the design and disclosure of compensation contracts. Essays 1...