Tuesday, November 15th, 2022 and is filed under Industry Reporting
We recently released our October Private Placement Insights report. See the highlights from the report below, or if you are an AI Insight subscriber, log in now to see the entire report.
Pitchbook recently released its private market benchmark return analysis with final Q1 2022 data and preliminary Q2 data. Overall, private capital funds lost ground in Q2, declining 1.09%, after a positive Q1. Private equity (-3.16%), venture capital (-2.29%), and private debt funds (-1.80%) posted the lowest returns, while real estate (+3.61%), real assets (+2.16%), and secondaries (+4.65%) remained in positive territory. This year is clearly a reversal from the last two years, where growth and venture capital funds led, and the lower-risk income strategies lagged. Further downside risk in returns could be expected given the lag in valuations in the private markets. However, when considering that the S&P 500 lost nearly 16% in Q2, these markets appear to have done their job in diversifying risk and return streams.
For illustrative purposes only. Past performance is not indicative of future results.
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Chart and data as of October 31, 2022, based on programs activated on the AI Insight platform as of this date.
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