Chart of the Week: Top LPs by median IRR of their private equity portfolio

The New Mexico Educational Retirement Board led the way in median IRR in our latest analysis of the Buyouts returns database, including buyout, venture capital and related funds, with most returns current as of year-end 2014. New Mexico’s 15.29 percent median IRR is more than 3 percentage points above the next investor on this list, Indiana Public Retirement System. In third place, with an 11.86 percent median IRR, is Massachusetts Pension Reserves Investment Management. All told Buyouts keeps tabs on the performance of 35 limited partners.

Commentary