According to a new study from the National Association of Investment Companies (NAIC), diverse- and women-owned firms delivered benchmark-beating returns in 2019.
The research revealed that diverse private equity funds outperformed the Burgiss Median Quartile in 78.57% of the vintage years studied.
The study, Examining the Returns 2019: The Financial Returns of Diverse Private Equity Firms, was authored by Meredith Jones, who leads the emerging manager research effort at Aon Hewitt Investment Consulting. The report is the industry’s only quantitative study measuring the performance of diverse-owned private equity firms, according . . .
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