MSCI：2026年全球私募市场现状报告：布局未来新机遇（英文版）

Retums for closed-end funds through year- end 2025 were headined by venture capital's strong four th quarter, clbsing with a7.2% quarterly return and capping a 22.0% annual gain. Private equity more broadly was more subdued, with buyout lagging in both thefourth quarter fup just 2.0%) and for the fullyear (up 10.7%).