Join us on May 15th, 2025 at 2.00pm BST for a live webinar introducing the Global League Table of Private Equity Fund Managers, powered by privateMetrics, SIPA’s advanced analytics platform for private market investors. During this webinar, we will unveil the latest risk-adjusted performance rankings of private equity fund managers globally. The privateMetrics methodology allows for a level playing field—comparing managers across vintage years, regions, and strategies in a transparent and data-driven way.

In this webinar, you will learn:

• What part of fund returns are driven by the market and what part is explained by manager skills
• How privateMetrics can be used to build fair and risk-adjusted comparisons across fund managers
• Highlights from the 2025 Buyout GP League Table
• How to use the privateMetrics API to build custom benchmarks and compute fund alpha

This webinar is intended for investors and decision-makers looking to better understand fund manager performance across risk, return, and alpha generation.

REGISTER HERE

Join us on May 15th, 2025 at 9.30am BST for a live webinar introducing the Global League Table of Private Equity Fund Managers, powered by privateMetrics, SIPA’s advanced analytics platform for private market investors. During this webinar, we will unveil the latest risk-adjusted performance rankings of private equity fund managers globally. The privateMetrics methodology allows for a level playing field—comparing managers across vintage years, regions, and strategies in a transparent and data-driven way.

In this webinar, you will learn:

• What part of fund returns are driven by the market and what part is explained by manager skills
• How privateMetrics can be used to build fair and risk-adjusted comparisons across fund managers
• Highlights from the 2025 Buyout GP League Table
• How to use the privateMetrics API to build custom benchmarks and compute fund alpha

This webinar is intended for investors and decision-makers looking to better understand fund manager performance across risk, return, and alpha generation.

REGISTER HERE

Join us on 27 March, 2025 at 1.00pm GMT / 9.00am EDT for our latest “Blitzinar” bringing you key insights in 15 minutes + 15 minutes for direct Q&A, where we will be presenting our new report entitled “Alpha (not TVPI) is the new IRR: What IRR or TVPI quartiles don’t tell you”, which shows that there are numerous funds with positive total and pure alpha in 2nd or 3rd quartiles, based on IRR rankings and that the IRR quartiles can mischaracterise the performance of GPs that have delivered positive alpha.

Add the event to your calendar.

Teams meeting details:

Link: https://teams.microsoft.com/l/meetup-join/19%3ameeting_YzI2ZjE1YWEtOTNkYS00ZTBmLTgwNmUtZGM5YTY4ZTRiZmEz%40thread.v2/0?context=%7b%22Tid%22%3a%22c97c4391-8753-42fb-823a-dd47cb0ac0b6%22%2c%22Oid%22%3a%22ae4c7c2c-fc82-417e-89c9-9ec1bda2a962%22%7d
Meeting ID: 469 071 401 977
Passcode: Hc2gh23Q

Join us on 27 March, 2025 at 9.30am GMT / 5.30pm SGT for our latest “Blitzinar” bringing you key insights in 15 minutes + 15 minutes for direct Q&A, where we will be presenting our new report entitled “Alpha (not TVPI) is the new IRR: What IRR or TVPI quartiles don’t tell you”, which shows that there are numerous funds with positive total and pure alpha in 2nd or 3rd quartiles, based on IRR rankings and that the IRR quartiles can mischaracterise the performance of GPs that have delivered positive alpha.

Add the event to your calendar.

Teams meeting details:

Link: https://teams.microsoft.com/l/meetup-join/19%3ameeting_ZmFhODM2YmEtZjE1MS00N2FkLWE4MWQtYWIyYjljZWI5NGU0%40thread.v2/0?context=%7b%22Tid%22%3a%22c97c4391-8753-42fb-823a-dd47cb0ac0b6%22%2c%22Oid%22%3a%22ae4c7c2c-fc82-417e-89c9-9ec1bda2a962%22%7d
Meeting ID: 441 412 350 97
Passcode: RS9qx3wP

Join us for this 30-minute interactive session to discuss our latest report on private equity benchmarking. 

The first 15 minutes will be dedicated to presenting key findings, followed by 15 minutes of Q&A and open discussion with our team and guests. We look forward to an engaging and thought-provoking conversation!

Link: https://teams.microsoft.com/l/meetup-join/19%3ameeting_YzI2ZjE1YWEtOTNkYS00ZTBmLTgwNmUtZGM5YTY4ZTRiZmEz%40thread.v2/0?context=%7b%22Tid%22%3a%22c97c4391-8753-42fb-823a-dd47cb0ac0b6%22%2c%22Oid%22%3a%22ae4c7c2c-fc82-417e-89c9-9ec1bda2a962%22%7d

Meeting ID: 469 071 401 977 
Passcode: Hc2gh23Q 

Add the event to your calendar.

Join us on 13 March, 2025 at 9.30am GMT / 5.30pm SGT for our latest “Blitzinar” bringing you key insights in 15 minutes + 15 minutes for direct Q&A, where we will be presenting our new report entitled “Bridge to Alpha: Why Private Equity’s Value Bridge Falls Short…”, which finds that while the Value Bridge Analysis (“VBA”) may be arithmetically accurate, it offers limited insight into whether the fund manager demonstrated skill and generated alpha.

The VBA is a tool used by private market investors to evaluate investments and fund returns by separating performance between drivers like change in multiple or ebitda growth.

At the blitzinar, we will be discussing how much of these changes can be attributed to the manager, with the help of several recent examples to illustrate how manager performance and market contribution can be distinguished using the right market index data and method.

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Join us on 6 March, 2025 at 1.00pm GMT / 8.00am EST for our latest “Blitzinar”, a new event format bringing you key insights in 15 minutes + 15 minutes for direct Q&A, where we will discuss the following key takeaways from our latest report entitled “No Alpha Without Market Risk. What if private equity fund managers were just long-only active managers?”, which analyses 824 private equity funds (non-VC) across vintages from 2013 to 2023 to evaluate the presence of alpha across funds and the relationship between alpha and beta:

1. Alpha can only be achieved by taking on market risk. Unlike in listed markets, alpha cannot be separated from beta in private equities. There is no ‘short selling’ or derivatives market to augment positions or neutralise market exposure. This means that to generate alpha, a fund manager needs to take meaningful private equities’ market risk in pursuit of returns. Our analysis shows that private equity fund managers that generate alpha typically have betas to the private2000® index of at least 1.
2. Fund manager alpha should be evaluated against a private equities index such as the private2000 that reflects the underlying characteristics of the market. From this, one can evaluate how funds are performing against the relevant market, whether the manager has skill, or if most of their returns are determined by exposure to the market.
3. Our analysis shows that there is a small negative relationship between fund size and alpha. Despite disproportionate success in raising capital, the very large funds (on average) do not display any superior ability to deliver alpha..

Add the event to your calendar.

Join us on 6 March, 2025 at 9.30am GMT / 5.30pm SGT for our latest “Blitzinar”, a new event format bringing you key insights in 15 minutes + 15 minutes for direct Q&A, where we will discuss the following key takeaways from our latest report entitled “No Alpha Without Market Risk. What if private equity fund managers were just long-only active managers?”, which analyses 824 private equity funds (non-VC) across vintages from 2013 to 2023 to evaluate the presence of alpha across funds and the relationship between alpha and beta:

1. Alpha can only be achieved by taking on market risk. Unlike in listed markets, alpha cannot be separated from beta in private equities. There is no ‘short selling’ or derivatives market to augment positions or neutralise market exposure. This means that to generate alpha, a fund manager needs to take meaningful private equities’ market risk in pursuit of returns. Our analysis shows that private equity fund managers that generate alpha typically have betas to the private2000® index of at least 1.
2. Fund manager alpha should be evaluated against a private equities index such as the private2000 that reflects the underlying characteristics of the market. From this, one can evaluate how funds are performing against the relevant market, whether the manager has skill, or if most of their returns are determined by exposure to the market.
3. Our analysis shows that there is a small negative relationship between fund size and alpha. Despite disproportionate success in raising capital, the very large funds (on average) do not display any superior ability to deliver alpha..

Add the event to your calendar.

Measuring and tracking the alpha of private market funds is key for GPs and LPs alike.

In this webinar on January 16th at 2pm UK/9am EST, we will show how to measure the alpha of private equity and infrastructure funds and rank them relative to the performance of the private asset market.

In this session, you will see how:

• Private equity and infrastructure funds rank relative to the performance of the private asset market in terms of alpha.
• To use the privateMetrics API to calculate total alpha; alpha from investment selection vs. a bespoke benchmark; and alpha from strategic allocation.
• To measure a fund’s market risk (beta) using representative private market indices.

Join us for this engaging webinar and learn how to overcome the limitations of traditional methods with innovative, data-driven approaches to private market analysis.

Register now to secure your spot, using a Zoom link  here.