Fund Performance

Venture Capital and Private Equity: A Course Overview ArXiv ID: ssrn-79148 “View on arXiv” Authors: Unknown Abstract Over the past fifteen years, there has been a tremendous boom in the private equity industry. The pool of U.S. private equity funds (partnerships specializing i Keywords: Private Equity, Venture Capital, Leveraged Buyouts, Fund Performance, Private Equity Complexity vs Empirical Score Math Complexity: 3.0/10 Empirical Rigor: 2.0/10 Quadrant: Philosophers Why: The paper is a course overview that discusses concepts like agency theory and valuation methods (Monte Carlo, options) but presents them descriptively without advanced derivations or formulas. It lacks any code, backtesting, datasets, or statistical metrics, focusing instead on institutional knowledge and pedagogical structure. flowchart TD A["Research Goal Analyze Private Equity & Venture Capital Industry Growth & Fund Performance"] --> B["Methodology Conceptual Analysis & Course Overview"] B --> C["Data & Inputs 15-Year Industry Trends LBO & VC Fund Structures"] C --> D["Computational Process Comparative Framework Performance Evaluation"] D --> E["Key Findings & Outcomes Industry Boom Identified Strategic Course Structure Defined"]

Is the annualized compounded return of Medallion over 35%? ArXiv ID: 2405.10917 “View on arXiv” Authors: Unknown Abstract It is a challenge to estimate fund performance by compounded returns. Arguably, it is incorrect to use yearly returns directly for compounding, with reported annualized return of above 60% for Medallion for the 31 years up to 2018. We propose an estimation based on fund sizes and trading profits and obtain a compounded return of 31.8% before fees. Alternatively, we suggest using the manager’s wealth as a proxy and arriving at a compounded growth rate of 25.6% for Simons for the 33 years up to 2020. We conclude that the annualized compounded return of Medallion before fees is probably under 35%. Our findings have implications for correctly estimating fund performance. ...