Private Debt and the Role of Venture Capital and Private Equity Sponsors

The authors thank Daniel Schmidt (CEPRES) for providing the data. Our paper has benefited greatly from many insightful remarks and suggestions from reviewers, editors, seminar participants, and colleagues. Specifically, the authors thank Victoria Ivashina (department editor), an anonymous associate editor, two anonymous referees, Shima Amini, Douglas Cumming, Kevin Keasey, Nick Wilson, and other seminar participants at Leeds University Business School, and discussants and seminar participants at the Financial Management Association Annual Meeting 2020 and INFINITI Conference 2019. All remaining errors are our own.