Abstract
Current and future solvency and prudential ratios use historical risk–return profiles of PE Funds (PEF). The resulting ratios are artificially high [for example EDHEC, 2010; Studer and Wicki, 2010, for European insurance groups]. Amending solvency and prudential ratios to take into account the specificities of investing in PE is difficult, for four reasons.
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© 2015 Cyril Demaria
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Demaria, C. (2015). The Predictive Power of the J-Curve 1. In: Private Equity Fund Investments. Global Financial Markets. Palgrave Macmillan, London. https://doi.org/10.1057/9781137400390_4
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DOI: https://doi.org/10.1057/9781137400390_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-48614-4
Online ISBN: 978-1-137-40039-0
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