State Street Index: Private Equity Performance Jumps

State Street today released the latest results of its private equity performance index, which tracks over 1,700 partnerships with combined assets of around $1.6 trillion. These numbers are through the end of Q4 2009, and (not surprisingly) show a slight increase over the prior quarter and marked improvement over the year-ago period.

The IRR (since inception) rose to 11.42% for all funds, with European funds coming in slightly higher at 14.91 percent. One-year returns came in at 15% after more than a year or negative data, while one-year returns for mezzanine and distressed came in at a staggering 35.3 percent.

Download the entire release here