The Private Equity Growth Capital Council has released a new Private Equity Index, revealing that the global PE industry continued its rebound from the 2008-9 recession during the third quarter but is still below pre-recession levels. The Index has been increasing from quarter to quarter this year, standing at 86.41 during Q1, 100.76 during Q2 and 104.33 during Q3. The Council credits the rising level of equity investment and an increased dollar volume of PE-backed acquisitions for the increase, which has been tempered by a fundraising decline and a drop in the dollar volume of PE-backed IPOs. The index was partially compiled using PitchBook data.
