This work measures the market risk of Listed Private Equity and explains the market risk in a second step by the use of company characteristics like accounting data, Market2Book ratios, investment strategies and ownership structures. Listed Private Equity enables us to get an impression of the risk mechanism in market segment of Private Equity. The asset management of Private Equity suffers under the unobservable return structure. Listed Private Equity can be used as a device to improve our knowledge about the risk factors of Private Equity. It is the aim of this thesis to resolve the problems of unobservable return structure in the Private Equity industry by using Private Equity data available to the public. From the risk structure of Listed Private Equity models will be derived, which should apply as well to Non-Listed Private Equity. The analysis will be structured in both a timeseries analysis and a cross-sectional analysis.     «

This work measures the market risk of Listed Private Equity and explains the market risk in a second step by the use of company characteristics like accounting data, Market2Book ratios, investment strategies and ownership structures. Listed Private Equity enables us to get an impression of the risk mechanism in market segment of Private Equity. The asset management of Private Equity suffers under the unobservable return structure. Listed Private Equity can be used as a device to improve our know...     »