The Return of VC/PE Funds Financed Projects in China: An empirical study of the years 2009 to 2011
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
This paper presents an empirical study of the determinants that drive the investment performance of China’s venture capital (VC) and private equity (PE) funds. Using data on VC/PE funds backed initial public offerings (IPOs) from ChiNext between October 2009 to October 2011 and the internal rate of return (IRR) as the measurement for investment performance, this paper finds that fund experience has a positive influence on investment performance whereas investment scale and investment duration have a negative influence on investment performance.
Place, publisher, year, edition, pages
2013. , 34 p.
Venture Capital, Private Equity, investment, IPO, return
Economics and Business
IdentifiersURN: urn:nbn:se:hj:diva-20681OAI: oai:DiVA.org:hj-20681DiVA: diva2:607583
UppsokSocial and Behavioural Science, Law
Manduchi, AgostinoWixe, Sofia