private equity allocation of U.S. public pension fund in American Investment Council's report for 2017. courtesy American Investment Council
Returned 8.6 pct in 2017
PE has exceeded targets over the past 10 years
MassPRIM tops list of returns; CalPERS largest dollar allocation
Private equity was the top performing asset class for public-pension funds, returning 8.6 percent on 10-year median annualized returns in 2017. That’s the upshot of an American Investment Council study released May 24. The study examined the data of 163 U.S. ...