Webcast 5: THE HOUSE ALWAYS WINS - AN UNCOMFORTABLE DISCUSSION ON PRIVATE EQUITY
In recent years, unlisted assets, including private equity, have been highly sought after by institutional investors chasing yield and diversification. But, the illiquid, and often opaque nature of private equity investments means that asset owners do not always have a clear picture of how efficiently their capital is being put to work.
In this webcast, Ludo will share the controversial findings of his latest soon-to-be published research, including why private equity returns are often misleading, why transactions are often highly inefficient, why professionals and fiduciaries can neglect to ask the right questions, and what industry participants might consider to move towards a more sustainable future.
Your presenter
LUDOVIC Phalippou
Ludovic is currently Head of the FAME Group at Saïd Business School and specialises in private equity and asset management. Ludovic is the author of the bestseller 'Private Equity Laid Bare', and professor of Financial Economics at Saïd Business School, University of Oxford. He specialises in private market investments with a focus on fee tracking, interest alignment, and return benchmarking. Named as one of “The 40 Most Outstanding Business School Profs Under 40 in the World” in 2014, and as one of the 20 most influential individuals in private equity in Europe in 2016, Ludovic has strong links with senior practitioners in the industry, routinely speaks at practitioner conferences, and appears in the media internationally. Ludovic’s research papers have been widely cited in academia, in the press, and in regulatory circles. Ludovic's paper 'How alternative are private markets?' is one of three 2018 recipients of the Jack Treynor Prize, sponsored by the Q-Group.