id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
privatebank-jpmorgan-com-8914	J.P. Morgan	Food Fight: An update on private equity performance vs public equity markets	2021-07-07	26	.pdf	application/pdf	13458	1882	70	co-investing, GP-led secondary funds, the torrid pace of industry fundraising and manager fees in this year's piece. Every two years, we examine the performance of the private equity industry given its rising share of public market equivalent (PME) measure as a multiple of invested capital of private equity relative to public PME compares private equity commitments and distributions to investments in public equity markets in 4 See "Private Equity Performance: Returns, Persistence and Capital Flows", Kaplan and Schoar, University of While cash flow data sourced from limited partners is a reliable way to measure performance of private equity only includes co-investment funds that invest in transactions led by multiple private equity managers. 7"Private equity co-investment funds – a comparison of risks and returns", Capital Dynamics, February 2020. Source: "Do Private Equity fund managers earn their fees?", Robinson (Duke) fund performance can now also be used to analyze returns on individual private equity transactions16.	./cache/privatebank-jpmorgan-com-8914.pdf	./txt/privatebank-jpmorgan-com-8914.txt