Investing June 11, 2008

State Street Announces Private Equity Index Results

June 11, 2008 (PLANSPONSOR.com) - State Street Corporation today unveiled the results of the State Street Private Equity Index as of December 31, 2007.
Reported by

According to a press release, the index is based on the latest quarterly statistics from State Street Investment Analytics’ Private Edge Group, and provides detailed analyses of private equity investments for a diverse client base covering public and private pensions, endowments and foundations, representing more than 4,000 commitments totaling more than $160 billion.

The following tables below depict the quarter-over-quarter internal rates of return (IRR) of the index, the end-to-end IRRs for the index across 1, 3, 5 and 10-year horizons as of December 31, 2007, and the long-term internal rates of return (IRR) of the index by major private equity strategy, in addition to the composition of the index:

class=”bwcellparagraphmargin” align=”center”> State Street Private Equity Indexsm

class=”bwcellparagraphmargin” align=”center”> Composition and long-term IRR as of December 31, 2007

   
Strategy Number of Funds Commitments ($B) Long-term IRR%
Buyout 634 852.0 15.9
Venture Capital 614 206.4 12.8
Other 173 146.8 13.8
Total 1,421 1,205.2 15.2
US only 1,175 942.1 14.2
International only 246 263.1 21.2

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