Keywords: Venture capital
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Journal Articles
Journal of Financial Regulation and Compliance (2009) 17 (2): 134–145.
Published: 08 May 2009
...Jens Hagendorff; James R. Bartkus; M. Kabir Hassan Purpose Modern portfolio theory demonstrates that a well‐diversified portfolio will minimize unsystematic risk. It may be impractical to achieve a well‐diversified portfolio of venture capital (VC) investments due to market imperfections, leading...

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