State Street has launched a private equity index that will enable private equity investors to evaluate their performance against their peers.
The firm has been running the index for internal clients for about two-and-a-half years.
“Over that time, the product has evolved and now we have enhanced it to a level investors are pleased with,” says William Pryor, senior vice-president.
The index contains data from public and private pension clients, endowments, foundations and general partners. The index is derived from more than 1,300 private equity partnerships with a total fund size of $1.1
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