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6 of 6 people found the following review helpful:
5.0 out of 5 stars Very informative and well-written, April 25, 2011
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This review is from: Inside Private Equity: The Professional Investor's Handbook (Wiley Finance) (Hardcover)
This book was written from the perspective of a seasoned, highly experienced LP, giving advice to people new to the LP role regarding how to invest in PE funds. As an employee of a small PE firm, I found it helpful to understand how sophisticated LPs make investment allocation decisions and how they evaluate PE fund performance. Some of the details regarding how to calculate IRR seemed a bit rudimentary, and some of the info regarding how to track investments in multiple PE funds seemed to be geared towards selling the software/services of one of the authors. But it's easy to skip those sections, and the rest of book was so informative and well-written that I think it deserves 5 stars nonetheless (especially in light of the limited amount of high-quality, informative/instructional material written about the PE industry).
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Inside Private Equity: The Professional Investor's Handbook (Wiley Finance)
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