It looks like private equity investments can indeed provide decent returns to investors in times of economic uncertainty. That is the conclusion by Preqin in the Executive Summary of its 2013 Preqin Private Equity Performance Monitor published in its monthly spotlight newsletter.
Annualized returns for the ten year period to December 2012 for all private equity stand at 17.9%. The best performing in this period are buyout funds with an annualized IRR of 24.3%. Returns between the different types of funds vary significantly, with mezzanine funds reporting an annualized IRR of 10.6%, funds of funds 8.6% and venture capital funds 5.4%.2013.