Returns from private equity investments turned negative in the third quarter last year, marking an abrupt end to a 12-quarter streak of positive returns, according to State Street.
The firm's GX private equity index revealed that overall returns fell to -1.37% in Q3, the biggest decline since Q3 2011, against a backdrop of volatility in the public markets. Prior to that the i...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date