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“The findings in this report are further evidence of the industry’s ability to outperform investments in public markets,” said PEGCC President and CEO Mike Sommers. “Throughout our country, pension funds use private equity to provide retirement security for American workers who rely on consistent, strong returns regardless of market conditions.”
“Fund returns for the third quarter of 2015 illustrate the trend of private equity withstanding variable market activity,” said Bronwyn Bailey, PEGCC’s Vice President of Research. “Private equity not only helps investors experience above average returns during booming markets, but long-term capital also acts as a safe harbor for investors during periods of volatility.”