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  3. American Economic Review
  4. May 2016
  5. Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute

  • Leslie Jeng
  • Josh Lerner
American Economic Review
vol. 106, no. 5, May 2016
(pp. 157–60)
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Abstract

Private markets are becoming an increasingly important way of financing rapidly growing and mature firms, and private investors are reputed to have far-reaching economic impacts. These important markets, however, are uniquely difficult to study. This paper explores these challenges, as well as the ways they can be overcome, using the experiences of the Private Capital Research Institute as a case.

Citation

Jeng, Leslie, and Josh Lerner. 2016. "Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute." American Economic Review, 106 (5): 157–60. DOI: 10.1257/aer.p20161059

Additional Materials

JEL Classification

  • G24 Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
  • G32 Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill