41 min

Private Equity: Everything you thought you knew about it is probably wrong | Ludovic Phalippou - Oxford University Past Performers - by InvestOrama

    • Investing

Discover the untold truths of the private equity world in this eye-opening episode, featuring Ludovic Phalippou, a renowned professor of financial economics at Oxford University Saïd Business School. Unpack the complex realities of private equity, from misconceptions about past performance to the intricacies of fee structures. Ludovic, known as the "bete noire" of private equity, alongside host George Aliferis, delves deep into the industry's practices, educational challenges, and the urgent need for clearer regulation.



On YouTube: https://youtu.be/WKSWrjssSAM

REFERENCES
▶️The Book: Private Equity Laid Bare https://www.amazon.co.uk/gp/product/B08T7D4ZQ2?ie=UTF8&psc=1&linkCode=sl1&tag=pelaidbare21-21&linkId=5a158a6c37f97026d9c4da65bfd68a8d&language=en_GB&ref_=as_li_ss_tl
▶️The Website: https://pelaidbare.com/
▶️ Follow Ludovic on Linkedin: https://www.linkedin.com/in/ludovic-phalippou-5488b147/

ABOUT THE AUTHOR
Ludovic specialises in private equity and asset management.
Ludovic is the author of the bestseller 'Private Equity Laid Bare', and professor of Financial Economics at Saïd Business School, University of Oxford. He specialises in private market investments with a focus on fee tracking, interest alignment, and return benchmarking.
Named as one of 'The 40 Most Outstanding Business School Profs Under 40 in the World' in 2014, and as one of the 20 most influential individuals in private equity in Europe in 2016, Ludovic has strong links with senior practitioners in the industry, routinely speaks at practitioner conferences, and appears in the media internationally. Ludovic’s research papers have been widely cited in academia, in the press, and in regulatory circles.
Ludovic's paper 'How alternative are private markets?' is one of three 2018 recipients of the Jack Treynor Prize, sponsored by the Q-Group. The Treynor Prize recognises superior academic working papers with potential applications in the fields of investment management and financial markets.
Ludovic achieved a degree in Economics from Toulouse School of Economics; a Master in Economics and a Master in Mathematical Finance both from the University of Southern California; and a PhD in Finance from INSEAD.

TO GO FURTHER
🧑🏽‍🎓 Alternative Investments Course: https://bit.ly/Alts_Invest
📩 Join the newsletter: https://bit.ly/3AxnyTY

AFFILIATE LINK
What I use for editing: https://get.descript.com/1ldhm44pyr0p

TIMESTAMP

00:00 Teaser
00:26 Introducing Ludovic Phalippou: The Private Equity "Bete Noire"?
01:38 Is it Barbarians at the Gate
03:45 The Complex World of Private Equity Returns
04:54 Education in Private Equity: Bridging the Gap
07:02 The Misleading Metrics of Private Equity Performance
12:49 The Challenge of Teaching Private Equity Authentically
16:11 The Importance of Critical Thinking in Private Equity Education
20:13 Advocating for a Balanced Perspective in Private Equity
22:03 Unpacking the Realities of Private Equity
22:51 The Misconceptions and Myths of Private Equity Performance
23:49 The Academic Challenge in Private Equity Education
24:38 The Impact of Practitioners in Academia on Private Equity Understanding
25:16 The Need for a Shift in Private Equity Education
26:58 Personal Anecdotes Highlighting the Importance of Education in Private Equity
30:24 Misleading Financial Representations and the Need for Regulation
34:38 The Complex World of Private Equity Fees Explained
39:54 Concluding Thoughts on the Future of Private Equity Education

Discover the untold truths of the private equity world in this eye-opening episode, featuring Ludovic Phalippou, a renowned professor of financial economics at Oxford University Saïd Business School. Unpack the complex realities of private equity, from misconceptions about past performance to the intricacies of fee structures. Ludovic, known as the "bete noire" of private equity, alongside host George Aliferis, delves deep into the industry's practices, educational challenges, and the urgent need for clearer regulation.



On YouTube: https://youtu.be/WKSWrjssSAM

REFERENCES
▶️The Book: Private Equity Laid Bare https://www.amazon.co.uk/gp/product/B08T7D4ZQ2?ie=UTF8&psc=1&linkCode=sl1&tag=pelaidbare21-21&linkId=5a158a6c37f97026d9c4da65bfd68a8d&language=en_GB&ref_=as_li_ss_tl
▶️The Website: https://pelaidbare.com/
▶️ Follow Ludovic on Linkedin: https://www.linkedin.com/in/ludovic-phalippou-5488b147/

ABOUT THE AUTHOR
Ludovic specialises in private equity and asset management.
Ludovic is the author of the bestseller 'Private Equity Laid Bare', and professor of Financial Economics at Saïd Business School, University of Oxford. He specialises in private market investments with a focus on fee tracking, interest alignment, and return benchmarking.
Named as one of 'The 40 Most Outstanding Business School Profs Under 40 in the World' in 2014, and as one of the 20 most influential individuals in private equity in Europe in 2016, Ludovic has strong links with senior practitioners in the industry, routinely speaks at practitioner conferences, and appears in the media internationally. Ludovic’s research papers have been widely cited in academia, in the press, and in regulatory circles.
Ludovic's paper 'How alternative are private markets?' is one of three 2018 recipients of the Jack Treynor Prize, sponsored by the Q-Group. The Treynor Prize recognises superior academic working papers with potential applications in the fields of investment management and financial markets.
Ludovic achieved a degree in Economics from Toulouse School of Economics; a Master in Economics and a Master in Mathematical Finance both from the University of Southern California; and a PhD in Finance from INSEAD.

TO GO FURTHER
🧑🏽‍🎓 Alternative Investments Course: https://bit.ly/Alts_Invest
📩 Join the newsletter: https://bit.ly/3AxnyTY

AFFILIATE LINK
What I use for editing: https://get.descript.com/1ldhm44pyr0p

TIMESTAMP

00:00 Teaser
00:26 Introducing Ludovic Phalippou: The Private Equity "Bete Noire"?
01:38 Is it Barbarians at the Gate
03:45 The Complex World of Private Equity Returns
04:54 Education in Private Equity: Bridging the Gap
07:02 The Misleading Metrics of Private Equity Performance
12:49 The Challenge of Teaching Private Equity Authentically
16:11 The Importance of Critical Thinking in Private Equity Education
20:13 Advocating for a Balanced Perspective in Private Equity
22:03 Unpacking the Realities of Private Equity
22:51 The Misconceptions and Myths of Private Equity Performance
23:49 The Academic Challenge in Private Equity Education
24:38 The Impact of Practitioners in Academia on Private Equity Understanding
25:16 The Need for a Shift in Private Equity Education
26:58 Personal Anecdotes Highlighting the Importance of Education in Private Equity
30:24 Misleading Financial Representations and the Need for Regulation
34:38 The Complex World of Private Equity Fees Explained
39:54 Concluding Thoughts on the Future of Private Equity Education

41 min