[讨论]如何理解PE投资中的competitive environment risk 投资者, equity, private, investor, investment

ohai

Notes中的定义为：Competitive environment risk examines risk from the perspective of an investor who is considering an investment in private equity.这句话应如何理解？即是PE找不到合适的投资者投入资金，还是PE的潜在投资者找不到合适的PE？

apf陈老师

Competitive environment risk examines risk from the perspective of an investor who is considering an investment in private equity. It refers to the fact that the competition for finding reasonably priced private equity investments may be high.

请看notes P87，这里探讨的是投资者去投资PE fund会有什么风险，因此是PE的潜在投资者找不到合理定价的PE。