Wall Street Journal reporter Luis Garcia interviews Stephen Colavito about PME methods

Our Chief Investment Officer, Stephen Colavito, was interviewed by Luis Garcia of the Wall Street Journal for a December 21, 2023 article about public market equivalent (PME) methods for comparing private equity fund returns to public benchmarks.

As more investors look to private markets, advisors must use more than just potential IRRs as metrics. “It’s something that I will look at to evaluate performance, but it’s just one part of a bigger data-point subset,” Stephen said in the article. In today's complex investing world, using PME or other equivalent methods must be part of the due diligence. Here’s a link to read the complete article: https://www.wsj.com/articles/investors-still-seek-best-metric-to-compare-private-equity-and-stock-market-returns-0dd0f854