Link to original article: Performance and Public Market Equivalent Report 2022
A report on the returns generated by independent UK-managed private equity and venture capital funds that raise capital from third-party investors, and a comparison of these returns to public markets.
Highlights
- Performance Data: The document contains performance data spanning from 2001 to 2018, with percentage values ranging from 0% to 25%. Specific years like 2007, 2014, and 2015 show notable performance percentages such as 15.4%, 18.5%, and 22.7% respectively.
- Benchmarking: The document references benchmark indices, specifically the FTSE All-Share and MSCI Europe Indices. These indices are used to compare the performance of the funds in the dataset.
- Performance Measurement: The report emphasizes the importance of measuring investment performance for both public equity portfolios and private equity and venture capital funds. It also provides an overview of the PME methodologies used, suggesting a more detailed explanation in their 2020 report.
- Important Notice: The BVCA Research team has made efforts to ensure the reliability of the data, but they haven’t independently checked the valuation data. They also haven’t confirmed adherence to the International Private Equity and Venture Capital Valuation Guidelines.
- Acknowledgments: The report expresses gratitude to Capital Dynamics for allowing the use of the Capital Dynamics PME+ methodology. It also acknowledges the contribution of the Performance Measurement Survey Review Board and thanks all firms who participated in the Performance Measurement Survey.
- Data Sources: The FTSE All Share Total Return Index data is sourced from FTSE Russell, and the MSCI Europe Gross Total Return Index data is sourced from MSCI.