An examination of the 1998 vintage year for buyout funds shows weak returns, on average. But the so-called credit crunch of that year had little to do with this underperformance. Those worried about the performance of the current vintage year should pay more attention to the economy and to the skills of individual GP groups, reports David Snow.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this