---
title: Communicating Performance: Textual and Financial Disclosures in Private Equity
url: https://www.ml-quant.com/papers/repec/nbr-nberwo-35860/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-23
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:nbr:nberwo:35860
source_url: https://econpapers.repec.org/RePEc:nbr:nberwo:35860
featured: 2026-10-23
citations: unknown
topic: Portfolio & Allocation
---


# Communicating Performance: Textual and Financial Disclosures in Private Equity

The study finds that early textual discussions of portfolio companies better predict ultimate performance, while interim valuations matter more later, signaling general partner quality.

- Source: https://econpapers.repec.org/RePEc:nbr:nberwo:35860
- Identifier: RePEc:nbr:nberwo:35860
- Released: 2026-10-22
- First featured: Quant Letter No. 136 (2026-10-23): https://www.ml-quant.com/issues/2026-10-23/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation
- Authors: Josh Lerner, Fiona Paine, Antoinette Schoar

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