⚡ Lightning articles

Private equity (PE) is acquiring ownership of—or a stake in—a company that is not publicly listed on an exchange. A typical PE firm will invest in a portfolio of companies to create a fund open to investors with the promise of future distributed returns. However, unlike shares traded …

At its core, financial risk management is concerned with quantifying potential losses to assess the downside of financial endeavors and prepare for worst-case scenarios. Perhaps the two most salient risk measures in the field of risk management are value at risk (VaR) and expected shortfall, also known as conditional value …