Private Equity: Why Smaller Companies Are In Vogue
In this article by Private Equity International, Andrea Auerbach explains why size can be the “frenemy” of portfolio company performance. In today’s quieter market, occurring at a time when managers may have to work harder to generate returns (and hopefully more liquidity) for investors, it seems that smaller companies are in vogue, with operating characteristics that benefit funds of all sizes.
Andrea Auerbach - Andrea Auerbach is the Global Head of Private Investments and a Partner at Cambridge Associates.
About Cambridge Associates
Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. The firm aims to help pension plans, endowments & foundations, healthcare systems, and private clients implement and manage custom investment portfolios that generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, staff extension and alternative asset class mandates. Contact us today.