More than 30 Million American Public Servants Depend on Private Equity Returns

AIC President & CEO Drew Maloney discussed the results of the AIC’s recently released Public Pension Report showing that private equity delivered the strongest returns for public pensions portfolios. In 2021, private equity investments delivered a median annualized return of 15 percent over a 10-year period for public pension funds across America– a greater return than any other asset class. “We all know that pension funds are struggling to meet their obligations around the country, and we have 30 million Americans that are dependent on these retirement benefits. You've got firefighters and policemen, you have teachers … janitors, cafeteria workers, bus drivers. All these people are dependent on these returns in order to have a comfortable retirement and for us being able to deliver year after year one of the best investment performances for private equity inside of a pension fund is really an amazing achievement.”