European venture capital markets: fund providers and investment characteristics

Andrea Schertler ()

Applied Financial Economics, 2005, vol. 15, issue 6, 367-380

Abstract: Using a European panel data set, this paper presents evidence that fund providers' investment preferences matter for venture capital investment characteristics. For example, pension funds more often prefer investments in firms at an early development stage than non-financial corporations and banks.

Date: 2005
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DOI: 10.1080/09603100500056601

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