Performance, performance, performance. That’s the mantra that emerges when Private Equity International's Research & Analytics division surveyed a broad range of investors around the world to ask investors to rank the issues most important to them when they look at a general partner.
For almost 40 percent of the investors we surveyed, the most important concern was persistence – the ability of a manager to generate repeatable performance over time. Another third ranked it as either their second or third top priority. European investors were particularly keen on persistence (39 percent marked it as their top priority, and 78 percent as one of their top three priorities). But this is clearly a preoccupation for LPs around the globe, and in 2014 a lot of work is likely to go into building analytical models that can measure persistence more accurately.
For the findings in full, please CLICK HERE.