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.

2025 Oxford Private Equity Research Consortium Spring Symposium: May 22-23

This research symposium returns in-person to the University of Oxford, and brings together leading professionals and academics to focus on global issues in private equity.

IPC Current Issues in Alternatives, Boston: April 29

We are pleased to announce our inaugural Boston event: IPC Current Issues in Alternatives Symposium on Tuesday, April 29th. This event will explore a broad range of pressing topics in alternatives and their implications for investors.

Latest Research

Evergreen vs. Drawdown Funds: Risk, Returns and Cash Flows

June 11, 2025

Evergreen funds are a rapidly growing segment of the private capital universe. While open-ended structures have existed for decades in some asset classes such as real estate, the more recent products have included a broader set of assets such as private equity and credit. More

There is No Carried Interest Loophole

May 27, 2025

Carried interest is a special, or disproportionate-to-ownership, allocation of profits to the general partner of a private equity or hedge fund partnership. Some commentators deride carried interest as a “loophole” that... More

Do Development Financial Institutions Create Impact through Venture Capital Investments?

May 20, 2025

Despite managing $23 trillion in assets, Development Financial Institutions' (DFIs) investment activities remain understudied. We document DFIs' substantial growth in... More

2025 PERC Symposium Oxford: Best Paper Award

June 09, 2025

The Private Equity Research Consortium (PERC) convened at the University of Oxford Saïd Business School on May 22-23, 2025 for its annual European research symposium. And the award for best paper goes to... More