Mastering illiquidity risk management for portfolios of limited partnership funds

• Main Author: Cornelius, Peter 1960-
• Other Authors: Diller, Christian 1976-, Guennoc, Didier 1967-, Meyer, Thomas 1959-
• Format: Book
• Language: English
• Published: Chichester, West Sussex John Wiley & Sons, Ltd. 2013
• Subjects: Private equity funds; Portfolio management; Risk management
• Online Access: Click Here to View Status and Holdings.

 With risk-free interest rates and risk premiums at record lows, many investors are turning to illiquid assets, such as real estate, private equity, infrastructure and timber, in search of superior returns and greater portfolio diversity. But as many analysts, investors and wealth managers are discovering, such investments bring with them a unique set of risks that cannot be measured by standard asset allocation models. Written by a dream team of globally renowned experts in the field, this book provides a clear, accessible overview of illiquid fund investments, focusing on what the main risks of these asset classes are and how to measure those risks in today's regulatory environment.