Research is the foundation for every investment decision and often helps drive investor behavior. The NAIC publishes studies that offer in-depth insight into the performance of diverse managers, the industries in which they invest and the benefits of instituting emerging manager programs.

NAIC’s performance survey, Recognizing The Results, compared the audited financial returns of NAIC Firms against the broader private equity market using four (4) industry benchmarks for the period 1998 – 2011. KPMG was engaged to collect and compile the performance data which was then analyzed by a working group of fund of funds investors.