This article reviews the academic literature on monitoring in private equity. Monitoring in
private equity funds encompasses oversight or governance over the fund's general partner …

Pension funds rely on consultants for asset allocation, manager selection, and
benchmarking decisions, and have expanded their consultant base by hiring more …

The central tension in securities regulation is between protecting investors and enabling
broad capital formation. Focusing on VC fund managers, we study key tools of investor …

Since the mid-1990s, the number of listed firms in the US has halved, and their public
disclosure has become opaquer. To explain these trends, we develop a general equilibrium …

We report evidence consistent with institutional investors using industry-level information
that they obtain from their investments in venture capital (VC) funds to earn excess returns in …

This thesis is a collection of three essays that explore frictions and trade-offs in financial
intermediation within private equity (PE) markets. It covers topics such as funding shocks …

My dissertation comprises three essays delving into questions that contemporary investors
encounter in the ever-evolving landscape of investments. The first essay examines how the …

In the first chapter I examine the effect of syndication among venture capital (VC) funds on
the funds' incentives to manipulate their performance measures. I show that the presence of …

Venture capital (VC) financing is essential to fuel entrepreneurship and innovation by
injecting funds from investors into startups that require capital to scale their business (Da Rin …

For strategic investment decisions, pension funds contract advisors such as asset managers
and actuaries. Using proprietary data, we find that pension funds make similar asset …