Impact of geographical diversification and limited attention on private equity fund returns

• Main Author: ONG, Victor Hock Keong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Diversification; Private Equity; Fund Returns; Geographical; Limited Attention; Multivariate Regression; Corporate Finance; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/etd_coll/367; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1365&context=etd_coll
• Institution: Singapore Management University

This study analyzes the effect of geographical diversification on global private equity (PE) fund returns. I find that there is a negative correlation between geographical diversification and PE fund returns. To establish the causality between geographical diversification and PE fund returns, I empl...