Head to head: Portfolio construction
Private equity firms pride themselves on their origination and deal-making prowess, but is a general partner’s careful construction of a balanced portfolio within fund more important than any individual transaction? A new research paper examines this question.
Meet the experts
 |
David Robinson is the James and Gail Vander Weide distinguished professor of finance at Duke University’s Fuqua School of Business and a research associate at the National Bureau of Economic Research. David Robinson |
|
| . | ||
 |
Bevan Duncan rejoined Livingbridge as a partner in its value strategy group in 2023, having been a managing director at Gresham House and COO of financial services start-up Mintus. He was previously a member of the Livingbridge team from 2005 to 2018. Bevan Duncan |
Using a novel dataset of 5,925 portfolio companies across 467 funds managed by 315 PE firms, across multiple sectors and geographies, Portfolio Man...
