Abstract
A financial model that enables institutional investors to project future asset values and cash flows for funds in illiquid alternative asset classes such as venture capital, leveraged buyouts, real estate, and natural resources is the subject of this article. The model presented incorporates actual historical information to provide a base for forecasts. It allows investors with a portfolio of alternative assets to assess various scenarios with different fund commitment levels and different assumptions regarding contributions, distributions, and underlying net returns.
- © 2002 Pageant Media Ltd
Don’t have access? Register today to begin unrestricted access to our database of research.
Log in using your username and password
In this issue
Illiquid Alternative Asset Fund Modeling
Jump to section
Similar Articles
Cited By...
- Private Equity Asset Allocation: How to Recommit?
- A Penalty Cost Approach to Strategic Asset Allocation with Illiquid Asset Classes
- Higher-Frequency Analysis of Low-Frequency Data
- Managing Private Fund-Based Portfolios: A Search for Rebalancing Strategies
- Risk Management for Endowment and Foundation Portfolios
- Liquidity and Portfolio Choice: A Unified Approach
- Portfolio Optimization in a Multidimensional Structural-Default Model with a Focus on Private Equity
- Liquidity Options