State Street PE index uptick

State Street’s GX Private Equity IndexSM saw an overall return of 1.11 percent in the fourth quarter of 2016.

“Private equity funds posted a modest recovery in the fourth quarter after a brief drop in the previous quarter,” said Will Kinlaw, senior managing director and global head of State Street Associates.

“Overall we have seen relatively steady performance in private equity investments for the past few years,” he added. “The biggest driver in the fourth quarter rebound was the continued trend of impressive growth by venture capital funds, which haven’t posted a negative return since 2012.”