Analysis supports ‘going with a winner’ philosophy

June 18, 2018

Firms that have top-quartile private equity funds follow them up with another top-quartile fund 39% of the time, according to a new analysis by PitchBook. Top-quarter venture capital funds have a top-quartile successor fund slightly more than one-third (34%) of the time.

When PitchBook executives considered only the second and third funds in a fund family, top-quartile second private equity funds were followed by top-quartile private equity funds 43% of the time. A top-quartile venture capital fund was followed by a similarly performing venture capital fund 55% of the time, according to data as of Sept. 30.  Read more...

Source: Pensions & Investments