";s:4:"text";s:2610:"The Rise of Private Debt as an Institutional Asset Class 0% 2% 4% 6% 8% 10% 12% The equity index data analysis (Figure 2) shows that: Private debt funds returns are stable throughout market cycles relative to equity indices with a standard deviation over the … > > An allocation to private equity … and procedures for those very specific asset classes is likely to represent a challenge for risk managers, on top of the organisational and independence requirements relating to risk management. R. McFall. Inside Private Equity: The Professional Investor's Handbook by James M. Kocis Hardcover $64.87. The term ‘private equity’ can be used to describe any kind of invest - ment in a private company. A vice president and alternative investment strategist at Deutsche Asset Management in New York. Private equity has always proved resilient in adapting to an ever-changing world, with the aforementioned factors continuing in the face of an asset scarcity driving further competition.