When Might “Golden Vintages” Appear in Private Markets?
January 24, 2023 | CAIS
In our previous analysis, we found that private equity funds that deployed capital in relatively lower valuation environments and recessionary environments tended to outperform those with other vintages. In the following article, we expand the analysis to the sub-asset class level and assess the potential importance of entry point and vintage diversification as it relates to recessions.