• Josh Lerner


Private Equity in Emerging Markets: Yesterday, Today, and Tomorrow. Josh Lerner, May 2016, Paper, "General partners of private equity entered emerging markets in the 1990s seeking diversification and returns, and their investment has increased substantially since then. Manager selection remains important because there is a wide range of returns across funds of the same vintage, and minority LP (limited partner) investments are found to perform the same as or better than majority investments." Link