kaal:claim:1428387-005

When hedge funds adopt private equity strategies by adding private companies to their portfolios, they exacerbate valuation problems, and the convergence of the two asset classes makes it more difficult to accurately assess the value of each.

Source quote, verbatim

If hedge funds engage in private equity strategies, i.e. adding private companies to their portfolio, they may exacerbate the valuation issues. The convergence of hedge funds and private-equity funds makes it more difficult to accurately assess the value of each asset class.

From

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), II.A Convergence of Hedge Funds and Private Equity Funds, p. 5
https://ssrn.com/abstract=1428387 · source PDF

Cite as

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1428387

Holds when

where hedge funds hold private, non-traded portfolio companies

Classification

mechanismsupport: arguedprivate-fundseconomics

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