Private equity basks in 'golden age' of returns

"If you have a fund where the the investment period was characterised by modest investment multiples and then you have a hot and attractive exit market when the company matures, you are able to create a high internal rate of return, with the stars aligned for some outstanding performers". Rede Partners' Gabrielle Joseph shared her thoughts with Private Equity International commenting on reports of strong performance in private equity funds from the 2011 and 2012 vintages.