' secondary funds performance5,6,7
Secondary funds: Net IRRto limited partners8 ... aggregate of each deal at closing and may
include some double counting.
(5) Source:
Cambridge
Associates
Secondaries Benchmark statistics as of
September 30, 2017 based on data compiled from ... team.
(8) Internal rates of returns are net of fees, expenses and carried
interest.
Cambridge
Associates
research shows that most funds take at least
EFTA01440811
six years to
settle into