In 2025, the average return of billion-dollar private equity funds reached 32.77%, with outstanding performance from quantitative large institutions.

2025 saw the release of the performance of private equity funds with assets over 10 billion RMB. Data from Private Equity Ranking Network shows that the average return of these funds in 2025 was 32.77%. Among them, quantitative large institutions performed well, with an average return of over 37%. Subjective private equity funds lagged slightly in performance during the same period, with significant internal differentiation. Looking ahead to 2026, many industry insiders believe that against the backdrop of sustained market confidence repair and the highlighting of the global competitiveness of China's advantageous industries, both subjective and quantitative strategy private equity funds are expected to show improvement in 2026.