TY - JOUR T1 - Do IPOs Really Underperform in The Long-Run? <em>New Evidence from the Canadian Market</em> JF - The Journal of Private Equity SP - 48 LP - 58 DO - 10.3905/jpe.2006.650458 VL - 9 IS - 4 AU - Maher Kooli AU - Jean-François L'Her AU - Jean-Marc Suret Y1 - 2006/08/31 UR - https://pm-research.com/content/9/4/48.abstract N2 - 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 ER -