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

• Main Author: ONG, Victor
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Diversification; Private Equity; Fund Returns; Geographical; Limited Attention; Multivariate Regression; Corporate Finance; Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7116; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8115/viewcontent/joi.2022.1.248.full_Dr_Victor_Ong.pdf
• Institution: Singapore Management University

This article analyzes the effect of geographical diversification on global private equity (PE) fund returns. We 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, we...