Core funds performed better than added value funds in 2009, according to Inrev, the European sector organisation for the non-listed fund sector. Core funds returned -5.9% over the year while value added funds returned -14.3%. In local currencies, the Inrev Index returned -7.8% in 2009 compared to -19.8% in 2008.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
