%0 Journal Article %A Maher Kooli %A Jean-François L'Her %A Jean-Marc Suret %T Do IPOs Really Underperform in The Long-Run? New Evidence from the Canadian Market %D 2006 %R 10.3905/jpe.2006.650458 %J The Journal of Private Equity %P 48-58 %V 9 %N 4 %X Kooli, L'Her, and Suret analyze 141 Canadian IPOs from the period 1986 to 2000 and take a different approach. They question the method of how to measure long-term performance and if other analysts are using the right benchmark. The issue is whether to use a value-weighted or equally-weighted portfolio to compare returns. Their review will help sharpen the measurement issues as you measure your own portfolio's performance.TOPICS: Private equity, performance measurement, statistical methods, developed %U https://jpe.pm-research.com/content/iijpriveq/9/4/48.full.pdf