Misleading performance narratives: Why the absence of clear, binding reporting rules in private markets allows marketing-driven performance presentation, and how common metrics can systematically overstate economic returns.
Conflicts of interest at the GP level: How incentive structures, valuation discretion, and contract designs create conflicts that are not always benign.
From opacity to accountability: Why investors, regulators, and courts are increasingly challenging private market practices.
Speaker
Prof. Dr. Ludovic PhalippouBio
Prof. Dr. Ludovic Phalippou
Ludovic is a Professor of Financial Economics at Oxford's Said Business School, author of "private equity laid bare." Recognized as one of the "40 Most Outstanding Business School Profs Under 40 In The World" by Poets&Quants (2014). His widely cited research appears in leading academic journals and media like The Economist and Financial Times. He collaborates with major investors (Norway fund, Dutch pension funds) and has led private market research at Blackrock. He's developed a Big Data-driven private equity index with JPMorgan. At Oxford, Ludovic teaches courses on Wealth Management, Valuation and Private Equity. He also created several executive programs, including an online course on Private Markets.
Professor of Financial Economics @ Saïd Business School, University of Oxford