| Item Type |
Forthcoming
|
| Abstract |
In this paper, we investigate whether the educational background of private equity managers, which represents an important part of their human capital, impacts fund performance. In particular, we explore three potential channels of how their educational background may influence fund performance: (i) institutional quality, (ii) individual performance, and (iii) academic variety. We find that a combination of top-tier education and work experience identifies individual performance in the management team. In addition, academic variety, in particular among graduates of high-ranked universities, rather than uniform institutional quality, is an important return driver. |
| Authors |
Fuchs, Florian; Füss, Roland; Jenkinson, Tim & Morkötter, Stefan |
| Journal or Publication Title |
Review of Corporate Finance 2 |
| Language |
English |
| Keywords |
Buyout Funds, Fund Teams, Education, Fund Performance, University |
| Subjects |
business studies
finance |
| HSG Classification |
contribution to scientific community |
| HSG Profile Area |
SOF - System-wide Risk in the Financial System |
| Refereed |
Yes |
| Date |
2022 |
| Series Name |
School of Finance Working Paper Series |
| Number of Pages |
49 |
| Contact Email Address |
roland.fuess@unisg.ch |
| Depositing User |
Beatrix Kobelt-Glock
|
| Date Deposited |
17 Jul 2018 11:36 |
| Last Modified |
28 Feb 2023 12:39 |
| URI: |
https://www.alexandria.unisg.ch/publications/254709 |
Should Investors Care Where Private Equity Managers Went To School?
![[img]](http://www.alexandria.unisg.ch/style/images/fileicons/oa_orange.png)
