Volatility Inhibits PME’s Meaningfulness

A recent post that summarises most of the history of the post-IRR performance calculation and valuation methodologies for the private capital industry has been written by Mr. Jesse Reyes, widely regarded as one of the leading experts of the field. Continue reading

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Use the DaRC Room, Ye Who Venture Here

A very interesting post from Dan McCrum on the FT Alphaville blog, attractively titled “Abandon all hope, ye who venture here” unearths some truths, (is misled by and) fosters some consolidated misperceptions while opening up for some comments – a couple of which I made at the bottom of the post. Continue reading