collaborators

1 paper

q-fin.PM2025

Optimal Capital Deployment Under Stochastic Deal Arrivals: A Continuous-Time ADP Approach

Kunal Menda, Raphael S Benarrosh

Suppose you are a fund manager with $100 million to deploy and two years to invest it. A deal comes across your desk that looks appealing but costs $50 million -- half of your av…