Private Equity Limited Partners Have Done A Lousy Job of Protecting Themselves

Private Equity Limited Partners Have Done A Lousy Job of Protecting Themselves:



Harvard expects an “illiquidity premium” from private equity over public markets because of the long lock-up periods investors agree to, Mendillo [the Harvard Management CIO] said. “Over the last 10 years, however, our private equity and public equity portfolios have delivered similar results,” she said.