Government as fund-of-fund and VC fund sponsors: effect on employment in portfolio companies
Sign Up to like & getrecommendations! Published in 2018 at "Small Business Economics"
DOI: 10.1007/s11187-016-9831-9
Abstract: Governments around the world have set up fund-of-fund programs to increase the supply of venture capital financing to young growth-oriented firms. In these programs, a government fund-of-fund acts as limited partner in a venture capital… read more here.
Keywords: venture capital; government; fund fund; fund ... See more keywords
How effective is the tail mean-variance model in the fund of fund selection? An empirical study using various risk measures
Sign Up to like & getrecommendations! Published in 2019 at "Finance Research Letters"
DOI: 10.1016/j.frl.2018.08.012
Abstract: Abstract In this paper, we study the tail mean-variance (TMV) model, which incorporates variation and tail risks and allocates the capital corresponding to the asset’s risk, by using several risk measures including the Value-at-Risk (VaR)… read more here.
Keywords: tail mean; mean variance; risk; risk measures ... See more keywords