Top-Quartile Funds Repeat 39% Of Time: Buyouts Analysis
Analysis of a broad sample of buyout and related funds within the Buyouts returns database finds that persistence of performance has been a force for vintage years 1995 to 2008. In other words, the top performers tend to stay at the top; the bottom performers tend to stay at the bottom. That said, recent academic research shows persistence of performance waning for U.S. buyout funds after the 2000 vintage.
2 September 2013•2 mins read