This paper provides evidence on the performance of business angels' investments, using a
unique data-set covering a representative sample of the main actors in the Italian informal …

In this book, the author draws from finance, psychology, economics, and other disciplines in
business and the social sciences, recognising that personal finance and investments are …

Private equity is… private. This means that it can be challenging to monitor, examine, and
benchmark the performance of private equity investments. As pension plans, insurers, and …

Despite the sometimes intensive media coverage and exuberant storytelling around the
industry, venture capital (VC) investors tend to operate in highly opaque markets. On this …

Abstract† The creation of value through innovation is among the defining traits of new
technology-driven ventures. In this paper we contribute to the literature by investigating the …

The purpose of this book is to present the principles of alternative investments in
management. The individual chapters provide a detailed analysis of various classes of …

Institutional investors must deal with irrevocable commitments, cash flow uncertainty, and
illiquidity when making new commitments to maintain their portfolio exposure to private …

Responsibility in investing has become a major trend among professional investors in the
past decade. Sustainability and corporate responsibility are increasingly important to …

Using modern portfolio theory, the traditional asset allocation process employs
measurements of risk and return delivered by asset classes—for example, stocks, bonds …

Most monthly return distributions of alternative assets are in general not normally distributed.
Further, some have biases (eg survivor ship bias) that distort the risk-return profile. For that …