Private equity rewards pensions
31st Jan 11
The Financial Times reports that new research suggests that the private equity holdings of the world’s largest public-sector pension funds outperformed most other asset classes in the short and long term.
The 20 largest public pension funds now have an estimated $224bn allocated to private equity deals – or 5.5 per cent of their capital on average.
Their investment have provided strong returns, according to a study by Preqin, an independent research house that focuses on alternative assets.