Posts tagged Feature
An Intolerance of Failure? Evidence from U.S. Private Equity

In a recently published study funded by the John S. and James L. Knight Foundation, we follow up on our landmark 2018 work that offered the first comprehensive look at diverse ownership of asset management firms. In this updated analysis, we quantify the representation of women- and minority-owned firms in the U.S. asset management industry, and explore in more depth the performance of diverse-owned funds. We find that these groups perform just as well as the industry overall, despite accounting for only a small percentage of firms.

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Specialization and Diversification

One of the key themes of managing an investment portfolio is the tension between seeking higher returns by focusing efforts on a narrow specialization and reducing risk by diversifying. This is seldom more true than in PE, which requires its own nuanced framework for thinking about the problem. In this post, Rahat Dewan considers how to build just such a framework, touching on what research has to say, including some of the recent studies that Bella Private Markets has conducted.

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2018 Diverse Asset Management Study

In a recently published study funded by the Knight Foundation, we follow up on our landmark 2018 work that offered the first comprehensive look at diverse ownership of asset management firms. In this updated analysis, we quantify the representation of women- and minority-owned firms in the U.S. asset management industry, and explore in more depth the performance of diverse-owned funds. We find that these groups perform just as well as the industry overall, despite accounting for only a small percentage of firms.

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Value-added services: A modern approach to PE investing

In the face of a deluge of capital, GPs are seeking ways to gain a competitive edge in attracting top investors and top portfolio companies. To this end, many VC firms are increasingly trying to differentiate themselves by providing value added services (VAS). In this post, Jake Ledbetter discusses some of our recent research into this phenomenon and explores its staying power.

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Private Equity Findings Issue 14

Bella Private Markets collaborated with the Coller Research Institute to produce the fourteenth issue of Private Equity Findings, a publication that curates the most important cutting-edge academic research on private equity and brings together leading practitioners to discuss its implications. This issue examines whether the current size of the private equity industry poses a risk to the wider economy, "unicorn" valuations, how to value originality in companies, the rise of co-investments, and the relative performance of funds-of-funds, among other topics.

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Diverse Asset Management Study

In a recently published study funded by the Knight Foundation, we offer the first comprehensive look at diverse ownership of asset management firms. In addition to quantifying the representation of women- and minority-owned firms in the U.S. asset management industry, this report also explores the performance of diverse-owned funds and finds them to perform just as well as the industry overall.

Read More