Measuring Institutional Investors' Skill from Their Investments in Private Equity
NBER Working Paper No. 22547
---- Acknowledgments ----
Andrea Rossi provided exceptionally good research assistance. We thank Arthur Korteweg, Ludovic Phalippou, and seminar and conference at the 9th Annual London Business School Private Equity Conference and Ohio State University for helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.