Funding Liquidity Risk and the Dynamics of Hedge Fund Lockups
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DOI: 10.1017/s0022109020000393
Abstract: Abstract We exploit the expiring nature of hedge fund lockups to create a new measure of funding liquidity risk that varies within funds. We find that hedge funds with lower funding risk generate higher returns,… read more here.
Keywords: liquidity risk; fund lockups; risk; funding liquidity ... See more keywords
Funding Liquidity, Political Geography, and Private Equity Performance: Evidence from China
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DOI: 10.1080/1540496x.2018.1545642
Abstract: ABSTRACT We investigate the relationship between funding liquidity and PE firm performance. We further develop a locally political alignment indicator (PAI) and then investigate whether PAI has an impact on the relationship between funding liquidity… read more here.
Keywords: performance; china; funding liquidity; geography ... See more keywords
Market liquidity and funding liquidity: Empirical analysis of liquidity flows using VAR framework
Sign Up to like & getrecommendations! Published in 2020 at "Acta Oeconomica"
DOI: 10.1556/032.2020.00034
Abstract: One of the many consequences of financialization in the past decades has been the significant appreciation of the importance of financial markets’ liquidity. In order to maintain financial stability, one must have a clear understanding… read more here.
Keywords: market liquidity; liquidity; liquidity funding; funding liquidity ... See more keywords