We improve public understanding of the role of private capital in the global economy. Academic and industry experts work together to generate new knowledge about private capital markets based on objective academic research.
For the third year in a row, IPC founding member, Northern Trust, will host a private equity research symposium on March 10th at the offices in Chicago.
On April 26, IPC founding member, AlpInvest Partners, will partner with the Institute for Private Capital to host an LP roundtable discussion. Papers presentations from IPC Research Director, Greg Brown, and Prof. Berk Sensoy (Vanderbilt University) will be featured before a panel discussion focusing on the benefits of international diversification.
On Wednesday, April 25 IPC will be partnering with the Managed Funds Association (MFA) to host an invitation-only panel discussion covering topics and trends in hedge funds.
 

Latest Research

Performance of Private Credit Funds: A First Look

July 02, 2018

Although private credit funds have rapidly grown into a standalone asset class over the last decade, little is known about the aggregate performance of these funds. To provide a first look at absolute and relative performance, we utilize the Burgiss database of 476 private credit funds with nearly $480 billion in committed capital, including a subset of 155 direct lending funds. More

How do Financial Expertise and Networks Affect Investing? Evidence from the Governance of University Endowments

May 20, 2018

Using the unique laboratory of university endowments, we study the effects of expertise and networks on investment performance. More

Performance of Private Credit Funds: A First Look

May 07, 2018

We review the recent trends within private credit, provide an overview of various strategies, describe returns since 2004 and compare private credit to several benchmark indices in order to develop a preliminary view of performance and risk across various private credit strategies. More

Recent News & Media

IPC Welcomes a New Member

May 25, 2018

Please join the IPC in welcoming new member, Chicago Teachers’ Pension Fund! We are excited to work with Andrew Kelsen and his colleagues.