Larger PE Funds Continue to Realize Gains at Longer Horizons

From the one-year mark to the 10-year, the horizon internal rates of return (IRRs) of private equity funds worldwide gradually advance from 8.2% to 13.1%. Breaking down fund performance by size bucket yields further insights, most notably that on a sufficiently long time horizon, funds of $500 million or more are the only vehicles seeing improvement. This could be attributable