TY - JOUR T1 - The Coefficient of Determination for Listed<br/>Private Equity Funds JF - The Journal of Private Equity SP - 27 LP - 33 DO - 10.3905/jpe.2014.17.4.027 VL - 17 IS - 4 AU - Manu Sharma AU - Gunwant Singh AU - Puneet Gupta AU - Esha Prashar Y1 - 2014/08/31 UR - https://pm-research.com/content/17/4/27.abstract N2 - The performance of thirteen private equity (PE) firms listed in U.S. and having operations in North America was compared with the performance of a diversified investment portfolio. The Sharpe and Treynor ratio results indicate that a majority of these PE firms beat the major U.S. stock indices. An attempt was made determine the best predictors for each of the PE firms. The predictor variables used to establish the relationship include various market indexes: DJIA, NYSE, NASDAQ, S&amp;P 400, S&amp;P 500, and S&amp;P 600. The predictive relationship with market variables could not be established for a majority of firms. Seven out of the thirteen funds showed no significant relationship with market variables. The predictive relationship could be established only for six out of the thirteen firms. In the case of three out of the six PE firms, the best predictor relationship was a single market variable.TOPICS: Private equity, statistical methods, performance measurement ER -