Private Equity Is Safer Than Stock In Downturns, But Finding The Best PE Fund Is Hard

The outperformance of private equity compared to public equities is widely publicized, with data from a range of providers showing that the former has outperformed the latter, often significantly. JPMorgan Asset Management, for one, estimates that in the 15 years through the end of 2017 private equity generated a 14.4 percent net annual return versus 8.8 percent for the MSCI World equity index.