TY - JOUR T1 - A Systematic Risk Analysis of<br/>Listed Private Equity JF - The Journal of Private Equity SP - 93 LP - 98 DO - 10.3905/jpe.2013.16.2.093 VL - 16 IS - 2 AU - Tsz Nok (Jack) Leung Y1 - 2013/02/28 UR - https://pm-research.com/content/16/2/93.abstract N2 - This study aims at dissecting the systematic risk of listed private equity (LPE) empirically through the decomposition of its beta. Instead of testing the assertion that LPE is a good proxy of unlisted private equity, the study intends to provide potential investors with better information regarding LPE’s systematic risk and to have a better reference to obtain the relevant cost of capital when evaluating individual LPE firm.TOPICS: Private equity, factor-based models, risk management, performance measurement ER -