Pay for Performance from Future Fund Flows: The Case of Private Equity
NBER Working Paper No. 16369
---- Acknowledgements ----
For helpful comments and discussions, we thank Brent Goldfarb, Ulrich Hege, Josh Lerner, Oguzhan Ozbas, Manju Puri, Morten Sorensen, Per Stromberg, and seminar and conference participants at Duke University, Koc University, Ohio State University, Rutgers University, University of Arizona, University of Georgia, University of North Carolina, LBS Symposium on Private Equity Findings, and the Third Canadian Conference on the Economics of Innovation and Entrepreneurship. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.