A THOROUGH UNDERSTANDING OF PRIVATE EQUITY
RETOUR SOMMAIRE
A CACEIS PRODUCT DEVELOPMENT PUBLICATION - 2010
PERSPECTIVES FOR THE INDUSTRY
There is still general agreement among LPs that private equity is an attractive invest- ment strategy that can provide superior returns to public equities. A recent publication 55 underlines that the best private equity firms have persistently outperformed both their private equity counterparts and the public-equity markets in good and bad times over the past two decades. Private equity performance figures to the end of June 2009 confirmed that, although negative, private equity returns were still generating better returns than public indices, continuing the industry’s long-standing history of being a top-performing asset class 56 .
55 Source: McKinsey, “The future of private equity”, Spring 2009 56 Source: Preqin Ltd
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