NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Measuring Institutional Investors' Skill from Their Investments in Private Equity

Daniel R. Cavagnaro, Berk A. Sensoy, Yingdi Wang, Michael S. Weisbach

NBER Working Paper No. 22547
Issued in August 2016

---- 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.

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