This article presents the September 2024 performance of the private2000 index, representing a sample of private company investments across 30 countries, which achieved a 0.72% monthly return, 4.45% YTD, and an 8.85% annualised return over the past 12 months:

“This performance highlights continued resilience within private markets, with service-oriented sectors leading the growth.

A sector-by-sector analysis shows that while the private2000 index’s diverse portfolio yielded a broad return, the Manufacturing sector underperformed, delivering a 0.53% return in September and 3.10% YTD. These numbers reflect the challenges faced by manufacturing companies, which rely heavily on production-based revenue models. However, the sector’s five-year annualised return of 9.79% underscores its longer-term growth potential, particularly as automation and robotics become increasingly vital.

Service-oriented businesses, with stable revenue streams, contributed nearly 70% to the private2000’s monthly gains. This sector’s performance underscores private equity’s pivot towards companies with predictable and recurring revenues.”

Read the full article here.

Find out more about the private2000 index here.