La rentabilidad del private equity

Resumen

El PE (private equity) posee características únicas, que incluyen el tiempo y el tamaño irregulares de los flujos de caja. Ello hace que la medición de las rentabilidades no sea sencilla y pueda implicar problemas a la hora de comparar con otros activos. A medida que el mercado madura, las formas de cálculo más sofisticadas podrían convertirse en estándar.

El mercado de PE se caracteriza por una amplia volatilidad de retornos en lo que se refiere a gestoras y fondos. Por ello, sería crucial realizar una buena selección con el fin de maximizar el diferencial frente a los mercados cotizados.

Palabras clave:

private equity, TIR, MTIR, MOIC, PME, curva J

Citas

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