The rolling one-year IRR for real assets funds reached 9.4 percent in second quarter 2023, handily trouncing other private capital strategies, according to PitchBook’s latest Global Fund Performance Report.
The robust returns also made real assets — which include investments in everything from oil and gas to infrastructure to timbers and metals — the only strategy to outperform its 10-year average.
Gains in energy assets and the steady performance of infrastructure vehicles helped power real assets funds to the top position.
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