Direct Alpha Now Available in Private i’s Advanced Analytics Module
Hoboken, NJ, February 10, 2015 – We have enhanced Private i’s Advanced Analytics module to include a new public market comparison methodology developed by Barry Griffiths of Landmark Partners, Rüdiger Stucke of Warburg Pincus and Oleg Gredil of the University of North Carolina. The methodology, referred to as the Gredil-Griffiths-Stucke Direct Alpha, represents the private market’s annualized excess return over the referenced public market index. It removes the impact of public equity returns on the private capital cash flows while taking into account the timing and magnitude of those cash flows. For more information on this methodology, please see Gredil, Oleg and Griffiths, Barry E and Stucke, Rüdiger, Benchmarking Private Equity: The Direct Alpha Method (February 28, 2014).
We have incorporated the Gredil-Griffiths-Stucke Direct Alpha into a new report titled Performance & Benchmarking with Direct Alpha & PME. This report is designed to provide you with a comprehensive view of your absolute and relative performance at the individual investment and portfolio levels. All of the performance and benchmarking results are calculated in your portfolio currency.
Burgiss provides portfolio management software, data and analytics to asset owners investing in private capital. Our solutions streamline the investment process, provide transparency into portfolio holdings, and enable data-driven decisions. As an integral part of the private capital ecosystem, we continue to enhance our solutions by working with investors to meet their ever-changing needs. Learn more at www.burgiss.com.