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Research

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The AIC produces reports that inform readers about private equity investments. We publish quarterly and annual reports that provide current information about investment trends, fund performance, sector-specific investment, and private equity returns to pension funds. The AIC also monitors research by academics and other analysts and have curated a collection of important articles.

Regular Reports

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Private Credit Trends Report (Quarterly)

The report – which will be published quarterly – will feature the latest data and insights on private credit activity, including deal volumes, fundraising levels and return rates.

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EY Report Shows Private Equity Fuels Job Growth, High Wages, and Small Businesses

Private equity directly employed 12 million workers in the United States in 2022, up from 11.7 million jobs in 2020, and generated $1.7 trillion of gross domestic product (GDP), or approximately 6.5% of total GDP. Workers at private equity-backed businesses earned approximately $80,000 in annual wages and benefits, up from $73,000 in 2020.

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Public Pension Study (Annual)

Using publicly available financial information from U.S. pension funds, this annual report compares the performance of private equity to other asset classes (e.g., public equity, fixed income, and real estate) and ranks the Top 10 public pensions by their private equity returns.

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Top States and Districts (Annual)

Where do private equity fund managers invest? The answer: in almost every state and U.S. Congressional district. This annual report ranks the top 20 states and districts by private equity investment.

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Private Equity Trends (Quarterly)

Provides an overview of the fundamentals in the private equity each quarter, including investment volume, equity contributions, fundraising, dry powder levels, and exits.

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Private Equity Industry Investment (Quarterly)

Analyzes changes in private equity investment each quarter for industrial sectors including business products & services, consumer products & services, information technology, financial services, healthcare, materials & resources, and energy.

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Performance Update (Quarterly)

Evaluates private equity fund returns each quarter relative to public market indexes, based on publicly available benchmarks and public pension fund returns over multiple time horizons.

Find academic studies of private equity on the on Other Industry Analyses page.