Search Results

7 items match your search criteria. Click here for tips on how to optimize your results.
New search Refine search
Sorted by date

Determinants for Allocations to Central Eastern Europe Venture Capital and Private Equity Limited Partnerships 

Date: 07/2011 Author(s): Groh, Alexander Peter; Liechtenstein, Heinrich Document type: Article in Journal (refereed) Growth expectations and institutional settings in Central Eastern Europe (CEE) seem favorable for establishing a vibrant venture capital and private equity (VC/PE) market. However, the risk capital supply there is rather small in relation to the growth prospects. We examine the determinants of institutional investors' CEE allocation decisions through ... More information

The First Step of the Capital Flow from Institutions to Entrepreneurs 

Date: 06/2011 Author(s): Groh, Alexander Peter; Liechtenstein, Heinrich Document type: Article in Journal (refereed) We contribute to the knowledge of the capital flow from institutional investors via venture capital (VC) funds as intermediaries to their final destination, entrepreneurial ventures. To this end, we conduct a world-wide survey among limited partners to determine the importance of several criteria when they select VC funds. We find the top criteria ... More information

International Allocation Determinants for Institutional Investments in Venture Capital and Private Equity Limited Partnerships limited partnerships 

Date: 04/2011 Author(s): Groh, Alexander Peter; Liechtenstein, Heinrich Document type: Article in Journal (refereed) We examine the determinants of institutional investors when deciding about international capital allocation in venture capital and private equity limited partnerships through a questionnaire addressed to limited partners world-wide. The respondents provide information about their criteria for international asset allocation. The protection of property ... More information

The European Venture Capital and Private Equity Country Attractiveness Indices 

Date: 04/2010 Author(s): Groh, Alexander Peter; Liechtenstein, Heinrich; Lieser, Karsten Document type: Article in Journal (refereed) We calculate composite indices to compare the attractiveness of 27 European countries for institutional investments into the Venture Capital and Private Equity asset class. To achieve this we use 42 different parameters, and propose an aggregation structure that allows for benchmarking on more granulated levels. The United Kingdom leads our ranking, ... More information

Limited Partners' Perceptions of the Central Eastern European Venture Capital and Private Equity Market 

Date: 01/2010 Author(s): Groh, Alexander Peter; Liechtenstein, Heinrich; Canela, Miguel Ángel Document type: Article in Journal (refereed) Growth expectations and institutional settings in CEE are favorable to the establishment of a vibrant VC/PE market. What is missing is a supply of risk capital. We address the obstacles to institutional investments in the region via a questionnaire addressed to (potential) Limited Partners worldwide. The respondents provide information about their ... More information

How Attractive is Central Eastern Europe for Risk Capital Investors? 

Date: 06/2009 Author(s): Groh, Alexander Peter; Liechtenstein, Heinrich Document type: Article in Journal (refereed) This paper addresses the attractiveness of Central Eastern European countries for risk capital investors by the construction of a tailored composite measure. Based on a survey among institutional investors, we define six key drivers that determine an emerging country's attractiveness for this type of investment. Using 42 socio-economic data series ... More information

Do Business Angels Alter the Risk-Return Equation in Early Stage Investments? 

Date: 06/2007 Author(s): Heukamp, Franz; Liechtenstein, Heinrich; Wakeling, N. Document type: Article in Journal (refereed) Venture capitalists in the German-speaking countries do not value the contribution of business angels in co-invested deals. Business angels do not reduce the risk perceived by venture capitalists in early stage deals even if the business angels have what venture capitalists regard as an ideal profile. Venture capitalists also refute that deals with ... More information
PAGE 1 of 1
Go to page