S3 Ep. 29 Inconvenient truths about private equity with Ludovic Phalippou

Investment Uncut

This week we speak to Ludovic Phalippou professor of Financial Economics at the Saïd Business School. Ludovic found himself at the centre of a storm 2 years ago following the publishing of his paper: Inside the billionaire factory which took a critical look at private equity and many of the questionable practices which take place in the marketing and allocating to these funds. We recap the paper and cover some of the core ideas including the concept of IRR and why this is such a flawed and potentially misleading way to measure returns.